For what amount will additional paid-in capital be recorded

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Question: McGee Corporation has 4,000 shares of $30 par value common stock outstanding. If McGee declares a 5% stock dividend on its common stock when the market value is $35 per share, for what amount will 'Additional Paid-in Capital' be recorded? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132762932

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