Ace Products sells marked playing cards to blackjack dealers. It has not paid a dividend in many years, but is currenty contemplating some kind of dividend The capital accounts for the firm are as follows Common stock (2,000,000 shares at $10 par) Capital in excess of par Retained earnings $ 20,000,000 7,000,000 23,000,000 Net worth $ 50,000,000 The increase in capital in excess of par as a result of a stock dividend is equal to the new shares created times (Market price - Par value) per share. The company had total earnings of $8,000.000 during the year With 2,000,000 shares outstanding, eamings per share were $4. The firm has a PIE ratio of 10 have to be made to the capital accounts for a 10 percent stock dividend? Show the new capital accounts (Do not round intermediate calculations, Input your answers in dollars, not millions (e.g $1,230,000).) Common stock Capital in excess of par Net worth b. what a u ments would be made o E s and the stock price? Assume he PE rao remans constant Do not round intermedia e calcu ations and ound your answers o 2 semar dees EPS Stock price 101