Business, 15.12.2020 15:20 amymelvinlove

On June 30, 2021, when Crane Company's stock was selling at $65 per share, its capital accounts were as follows: Capital stock (par value $50; 57000 shares issued) $2850000 Premium on capital stock 570000 Retained earnings 4240000 If a 100% stock dividend were declared and distributed, capital stock would be $3420000. $2850000. $7410000. $5700000.

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On June 30, 2021, when Crane Company's stock was selling at $65 per share, its capital accounts were...