Beacon Corporation issued a 4 percent stock dividend on 26,500 shares of its $7 par common stock. At the time of the dividend, the market value of the stock was $26 per share. Required a. Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of the stock dividend. Stock dividend how the effects of the stock dividend on the financial statements using a horizontal statements model. (In the Statement of Cash Fle ctivity (OA), investing activity (IA), or financing activity (FA). Not all cells in the "Statement of Cash Flows" column may require an i put needed.) BEACON CORPORATION Horizontal Statements Model Balance Sheet Income Statement - Expense = Net Income Liabilities Revenue Statement of Cas Sta Flow Assets Cash = = Common Stock Stockholders' Equity PIC in Retained Excess Earnings