DORA Company declared and distributed a 25% stock dividend on 17,000 shares of i

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DORA Company declared and distributed a 25% stock dividend on 17,000 shares of issued and outstanding $5 par value common stock. The market price per share on the declaration date was $13 and was $12 on the distribution date. Which of the following correctly describes the accounting for the declaration and distribution of the stock dividend?

DORA Company declared and distributed a 25% stock dividend on 17,000 shares of issued and outstanding $5 par value common stock. The market price per share on the declaration date was $13 and was $12 on the distribution date. Which of the following correctly describes the accounting for the declaration and distribution of the stock dividend?

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