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  3. on jan 1,2022, crane corporation had $1355000of co

on jan 1,2022, crane corporation had $1355000of common stock oitstanding that was issued at par....

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Accounting

on jan 1,2022, crane corporation had $1355000of common stock oitstanding that was issued at par. it also had retained earnings of 746000. the company issued 36500 shares of common stock at par on july 1 and earned net income of 410000 for the year. journalize the declaration of 16% stock dividend on december 10,2022 for the following independent assumptions. par value is $10 and market price is $18. par value is $ 5 and market price is $22

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