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20. 0.30 points On December 31, the stockholders' equity section of the balance sheet of R&B Corporation reflected the following: Common stock (par S10 authorized
20. 0.30 points On December 31, the stockholders' equity section of the balance sheet of R&B Corporation reflected the following: Common stock (par S10 authorized 61,000 shares, outstanding 26,000 shares) Additional paid-in capital Retained earnings $260,000 13.000 80,000 On February 1 of the following year, a 12 percent stock dividend was issued. The market value of the stock on February 1 was $18 per share. Required: 1. For comparative purposes, prepare the stockholders' equity section of the balance sheet (a) immediately Stockholders' Equity Before After Stock Stock Stock Dividend Dividend Dividend Contributed Capital Total Contributed Capital Total Stockholders' Equity 2. If the stock dividend were 100%, would the balance in additional paid-in capital change? Yes O No
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