Question: QUESTION 4 Emma Systems, Inc. declared and issued a 40 percent stock dividend. The company has 720,000 shares authorized and 44048 outstanding The par

QUESTION 4 Emma Systems, Inc. declared and issued a 40 percent stock dividend. The company has 720,000 shares authorized and 44048 outstanding The par value of the stock is $2.80 per share and the market value is $7 per share. To record the stock dividend, the debit to Retained Earnings would be $

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