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The shareholders' equity section of Zagreb Corp.at December 31, 2013 was: Common shares, no par value; authorized 20,000 shares; On February 28, 2014, when the market value of Zagreb's shares was $12 per share, the board of directors declared a 15% stock dividend, and accordingly 1,500 additional shares were issued.For the two months ended February 28, 2014, Zagreb reported a net loss of $20,000. What amount should Zagreb report as retained earnings at February 28, 2014?
Baccalaureate Degree
A postsecondary degree awarded after a course of study lasting three to seven years (or more), depending on the area of study.
Socioeconomics
The study or analysis of the interrelationship between economic activity and social life.
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Regions or populations that predominantly engage in agriculture and reside in countryside areas, often characterized by a close sense of community.
Low Income
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