Beacon Corporation issued a 7 percent stock dividend on 38,500 shares of its $7 par common stock. At the time of the dividend, the market value of the stock was $27 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of the stock dividend. Stock dividend S 7,276,500