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Westhaven Corp. currently has 18,000 shares outstanding that sell for $50 per share. The company plans to issue a stock dividend of 175 percent. The

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Westhaven Corp. currently has 18,000 shares outstanding that sell for $50 per share. The company plans to issue a stock dividend of 175 percent. The stock has a par value of $1. What is the total capital surplus on the new shares? Multiple Choice o S157,500 o o o o

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