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Beacon Corporation issued a 6 percent stock dividend on 27,000 shares of its $8 par common stock. At the time of the dividend, the

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Beacon Corporation issued a 6 percent stock dividend on 27,000 shares of its $8 par common stock. At the time of the dividend, the market value of the stock was $30 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 < Required A Required B >

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