Question: On July 1, 2015, the company declared and distributed a 5% stock dividend. The market value of the stock at that time was $13 per

On July 1, 2015, the company declared and distributed a 5%

On July 1, 2015, the company declared and distributed a 5% stock dividend. The market value of the stock at that time was $13 per share. Following this transaction, what would be the new balance in the Common stock account? $147,000 $26,000 $66,000 $246,000

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