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Part $1$

Yummy$,$ Inc. had $350$ comma $000$ shares of $$$$1$ par value common stock issued and outstanding as of August $15,2024.$ The company is authorized to issue $1$ comma $400$ comma $000$ common shares. On August $15,2024,$ Yummy declared a $30\%$ stock dividend when the market value for Yummy$\text{'}$s common stock was $$$$7$ per share. The stock was issued on Aug. $30.$