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a only 103 4. Stock Dividends The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value) Capital surplus Retained earnings

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103 4. Stock Dividends The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value) Capital surplus Retained earnings Total owners' equity $ 45,000 157,000 603,000 $805,000 a. If the company's stock currently sells for $42 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change

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