On June 30,2018,Samuel,Inc.showed the following data on the equity section of their balance sheet: 
On July 1,2018,the company declared and distributed a 6% stock dividend.The market value of the stock at that time was $14 per share.Following this transaction,what is total stockholders' equity?
A) $1,376,000
B) $1,558,140
C) $1,302,860
D) $1,208,840
Correct Answer:
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