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The stockholders’ equity of Pondside Occupational Therapy, Inc., on December 31, 2011, follows: On April 30, 2012, the market price of Pondside’s common stock was $11 per share and the company distributed a 10% stock dividend. Requirements 1. Journalize the distribution of the stock dividend. 2. Prepare the stockholders’ equity section of the balance sheet after the stockdividend
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