1. Assume the company declares and immediately distributes a 100% stock dividend. This event is recorded by capitalizing retained learnings equal to the stocks par value. Answer these questions about stockholders' equity as it exists after issuing the new shares. a. What is the retained earnings balance? b. What is the amount of total stockholders' equity? c. How many shares are outstanding? 2. Assume the company implements a 2 for 1 split instead of the stock dividend in part 1. Answer these questions about stockholders' equity as it exists after issuing the new shares. Ja. What is the retained earnings balance? b. What is the amount of total stockholders' equity? c. How many shares are outstanding? 13-6 The stockholders' equity of TVX at the beginning of the day on February 5 follows: Com. stock - $10 par value, 150,000 shares Jauthorized, 60,000 shares issued and outstanding $600,000 Paid-in capital in excess of par value, common stock 425,000 Retained earnings 550,000 Total stockholders' equity $1,575,000