100% ooo AT&T 11:15 AM 11B Homework Do It! Review 11-3b Blossom Company has had 4 years of record earnings. Due to this success, the market price of its 405,000 shares of $4 par value common stock has increased from $14 per share to $55. During this period, paid- in capital remained the same at $4,860,000. Retained earnings increased from $3,645,000 to $24,300,000. CEO Don Ames is considering either (1) a 15% stock dividend or (2) a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on (a) retained earnings, (b) total stockholders' equity, and (c) par value per share. (a) 1. Stock dividend retained earnings s 2. for i stock split retained earnings s (b) Retained earnings Shares outstanding (c) 1. Stock dividend .par value per share 2. 2-for-1 stock split par value per share Question Attempts: by John wary sons, Inc