From common stock dividends 26,000
Total paid-in capital
1,289,000
Retained earings ($40,000 equal to cost of treasury stock is
not available for dividends)
500,000
Total paid-in capital and RE
1.789,000
Less treasury stock (at cost: 5,000 common shares)
(40,000)
Total Stockholders' equity
$ 1,749,000
A small stock dividend of 1,000 shares was declared and distributed during 2018. What
per share on the date of declaration?
Select one
O a $28.00 per share
b. $8.00 per share
O c $2 per share
d: $16 per share