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Survivor Company was formed on January 1, 2010 by selling and issuing 20,000 shares of...

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Accounting

Survivor Company was formed on January 1, 2010 by selling and issuing 20,000 shares of common stock at $15 per share. On December 1, 2010, the company declared a cash dividend of $10,000 which will be paid in cash on January 15, 2011.

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