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lucid company declared a property dividend of 21,000 shares of $1 per Polk Company common...

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Accounting

lucid company declared a property dividend of 21,000 shares of $1 per Polk Company common stock. the Polk stock was purchased for $2 per share. Market value was $8 per share on the declaration date and $9 per share on the distribution date. What is the amount of the dividend?

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