Question: 25 25 points 14 This question will be sent to your instructor for grading. AAA Corporation reported the following as of December 31, 2021.

25 25 points 14 This question will be sent to your instructor

25 25 points 14 This question will be sent to your instructor for grading. AAA Corporation reported the following as of December 31, 2021. All accounts have normal balances. Common stock $10 par, 500,000 authorizes and 280,000 inding Paid-in capital-common stock Retained Earnings $2,800,000 2,520,000 3,000,000 02:27:35 During 2022 the following transactions occur: Declared 15% stock dividends, when the fair value of the stock was $25 per share. Record date for the stock dividends Issue common stock dividends June 1 June 15 July 1 October 15 November 1 December 1 December 15 Payment of cash dividends Declared a $0.50 per share cash dividend. Record date for the cash dividends Declared a property dividend of 200,000 shares of Kyrie Company (book value $12.50 per share, fair value $20.00 per share). December 31 Distributed the property dividend. Instructions: Prepared the above transactions. Present all computations and formulas without computations and formulas you will receive 0 points for the exercise. coavigation

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