Question: Bauer Bowties, Inc. has declared a stock dividend at the end of business on December 31, 2020. The stock dividend provides an increase of 25%

Bauer Bowties, Inc. has declared a stock dividend at the end of business on December 31, 2020. The stock dividend provides an increase of 25% of outstanding shares. The stock price at the time of the stock dividend is $15.44. Based on those two.figures and the data below (which represent the total stockholder equity right before the stock dividend). how much would Bauer Bowties have in common stock right after the stock dividend? Please enter the estimate to the nearest dollar. Bauer Bowties Stockholders' Equity (Right Before Stock Dividend) Common Stock 420.000 Par $ 1.20 Shares Outstanding 350.000 Capital in Excess of Par Value S 600.000 Retained Earnings S 2.500.000 Total Stockholder Equity 3.520.000

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