2. The Terry George Company has the following equity accounts on its balance sheet: Common Stock (1 par, 700,000 shares) Contributed Capital in excess of par Retained Earnings $ 700,000 $ 3,000,000 $15,000,000 $18,700,000 The current market price of the firm's shares is 60 (a) If the firm declares a 10 percent stock dividend , what will be the impact on the firm's equity accounts ? Show revised equity account balances (10 points ) I (b) If the firm currently pays no cash dividend , what is the impact of a 10 percent stock dividend on the wealth position of the firm's existing stockholders ? ( 2 points ).