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Common stock, $6 par value $498,000 Paid-in capital in excess of par value 22,120 Retained earnings 156,180 Total stockholders’ equity $676,300 On October 1, Kosko declares and distributes a 10% stock dividend when the market value of the stock is $15 per share. Retained earnings ( common stock + additional Paid-in- Capital) Common stock $49,800 […]
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