Beacon Corporation issued a 4 percent stock dividend on 37,500 shares of its $8 par common stock. At the time of the dividend, the market value of the stock was $21 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 CRA Required B > Beacon Corporation issued a 4 percent stock dividend on 37.500 shares of its $8 par common stock. At the time of the dividend, the market value of the stock was $21 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 Show the effects of the stock dividend on the financial statements using a horizontal statements model. (Enter amounts to be deducted and cash outflows with a minus si Statement of Cash Flows column, indicate whether the item is an operating activity (OA), Investing activity (IA), or financing activity (FA). Not all cells require input.) Income Statement BEACON CORPORATION Horizontal Statements Model Balance Sheet Stockholders' Equity Revenue Common PIC In Retained Stock Excess Earnings Expense - Net Income Statement of Cash Flow Liabilities Assets Cash