Boxer Company owned 18,000 shares of King Company that were purchased in 2019 for $470,000. On May 1, 2021, Boxer declared a property dividend of 1 share of King for every 10 shares of Boxer stock. On that date, there were 51,000 shares of Boxer stock outstanding. The market price of the King stock was $24 per share on the date of declaration and $36 per share on the date of distribution. By how much is retained earnings reduced by the property dividend

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.