Question: Ignoring part 1 , On November 1 , 2 0 2 4 , Dunder Mifflin Corp, a publicly traded company, had these shareholders equity accounts:

Ignoring part 1, On November 1,2024, Dunder Mifflin Corp, a publicly traded company, had these shareholders equity accounts:
Common shares (Unlimited number of shares authorized, 100,000 issued) $600,000
Contributed surplus $25,000
Retained earnings $400,000
On November 2nd the company declared a 5% stock dividend to common shareholders. The stocks market price was $30.00. November 15th is the date of record and December 1st is the date of payment. On November 15th the stocks market price was $31.00 and on December 1st the stocks market price was $32.00.
Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transaction.
Ignoring part 1 , On November 1 , 2 0 2 4 ,

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