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The stockholders equity section of pronghorn Corp balance sheet consists of common stock ($9 par) $1,080,000 and retained earning of $430,000. A 10% stock dividends

The stockholders equity section of pronghorn Corp balance sheet consists of common stock ($9 par) $1,080,000 and retained earning of $430,000. A 10% stock dividends (12,000 shares) is declared when the market price per share is $19

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