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w. ent-take&rprogrese eBook Show Me How Calculator Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The following

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w. ent-take&rprogrese eBook Show Me How Calculator Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear (3,000,000 shares authorized; 2,200,000 shares issued), $15 par, $33,000,000; Paid in capital in excess of par-common stock, $9,000,00;, and Retainesd earnings, $89,550,000. The board of directors dedared a 5% stock dividend when the market price of the stock was $18 a share. Healthy Life reported no income or loss for the current year. For a compound transaction, if an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. al. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates. b. Determine the following amounts before the stock dividend was declared: () total paid-in capital, (2) total retained earnings, and (3) total stockhlders equity Total paid-in capital Previous Next Check My Work 631 PM

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