how can calculate 54) At January 1, 2021, Eddy Corporation had the following share capital:...
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54) At January 1, 2021, Eddy Corporation had the following share capital: $ 2 Preferred shares, noncumulative, 500,000 shares authorized, 1,000 shares issued $ 650,000 Common shares, 1,000,000 shares authorized, 10,000 shares issued 250,000 $ 900,000 On February 16, 2021 the board of directors declared and paid a 10% common stock dividend. On July 31, 2021, the board declared a 3-for-1 stock split on the common stock. On its December 31, 2021 financial statements, Eddy Corporation will report how many common shares issued?
a) 10,000
b) 11,000
c) 30,000
d) 33,000
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