On November 1,2020, Larkspur Corporations stockholders equity section is as follows: Common...

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Accounting

On November 1,2020, Larkspur Corporations stockholders equity section is as follows:
Common stock, $10 par value
$695,000
Paid-in capital in excess of par 188,000
Retained earnings
250,000
Total stockholders equity
$1,133,000
On November 1, Larkspur declares and distributes an 20% stock dividend when the market value of the stock is $14 per share.

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