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Luna Corp. has 220,000 shares of $6-par common stock outstanding. They have declared a 10%...

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Accounting

Luna Corp. has 220,000 shares of $6-par common stock outstanding. They have declared a 10% stock dividend. The current market price of the common stock is $ 14 / (share) . What is the amount that will be credited to Common Stock on the date of declaration? Select one:

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