A company whose stock is selling for $60 has the following balance sheet:

Assets $40,000,000

Liabilities $10,000,000

Common stock $5,000,000 ($5 par; 1,000,000 shares issued)

Additional paid-in capital $20,000,000

Retained earnings $25,000,000

After a 10% stock dividend:

1. What is the new price for the stock?

2. How much is common stock?

3. How much is retained earnings?

4. How much is additional paid-in capital?