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Westhaven Corp. currently has 32,000 shares outstanding that sell for $64 per share. The company plans to issue a stock dividend of 15 percent. The

Westhaven Corp. currently has 32,000 shares outstanding that sell for $64 per share. The company plans to issue a stock dividend of 15 percent. The stock has a par value of $3. What is the total capital surplus on the new shares?

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