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2. Stock Dividends The owners' equity accounts for Southern Lights International are shown here: mented Tigher Ow tak Common stock ($1 par value) Capital surplus
2. Stock Dividends The owners' equity accounts for Southern Lights International are shown here: mented Tigher Ow tak Common stock ($1 par value) Capital surplus Retained earnings Total owners' equity $ 25,000 135,000 787,600 $947,600 stock a. If the company's stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. the company declared a 25 percent stock dividend, how would the accounts change
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