What is increase in current liabilities for mark

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Reference no: EM132832865

Problem 1: Mark declared a 5% share dividend on 100,000 issued and outstanding shares of $20 par value, which had a fair value of $50 per share before the share dividend was declared. The share dividend was distributed 60 days after the declaration date. What is the increase in current liabilities as a result of the Share dividend declaration?

a. 0

b. 250,000

c. 100,000

d. 150,000

Reference no: EM132832865

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