1. The board of directors of ABC Corporation has decided to declare a 20% stock dividend. The common stock is currently selling at $80 per share. Fill in the table below:

	Before Dividend ($1 Par, 100,000 shares)	After Stock Dividend
Common stock	$100,000
Contributed capital in excess of par	$900,000
Retained earnings	$5,000,000
Total common stockholders equity	$6,000,000
Stock Price	80