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The shareholders' equity of Ava Company on January 1, 2017, included the following: ...

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Accounting

The shareholders' equity of Ava Company on January 1, 2017, included the following:

Common stock, $0.5 par; authorized, 800,000 shares;

You will need to calculate the issued shared

$252,506

Paid-in capitalexcess of par

65,844

Retained earnings

$500,000

On April 1, 2017, the board of directors of Ava declared a 7% stock dividend on common shares, to be distributed on June 1. The market price of Avas common stock was $10 on April 1, 2016, and $16 on June 1, 2016.

On April 1, the credit to Common Stock is $________

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