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Compute the capital stock

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Reference no: EM132592401

Question - On June 30, 2018, when Bramble Corp.'s stock was selling at $66 per share, its capital accounts were as follows:

Capital stock (par value $50; 51000 shares issued) $2550000

Premium on capital stock 510000

Retained earnings 4180000

If a 100% stock dividend were declared and distributed, compute the capital stock?

a) $6732000.

b) $2550000.

c) $3060000.

d) $5100000.

Reference no: EM132592401

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