I need help with finance assignment
Kurt's market has 22,000 shares of stock outstanding with a par value of $1 per share and a market value of $17 per share. the balance sheet shows $22,000 in the common stock account, $236 in the capital in excess of par account, and $336,800 in the retained earnings account. The firm just announced a stock dividend of 10 percent. what will be the balance in the equity accounts after this dividends?
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