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Blossom Company has had 4 years of record earnings. Due to this success, the market price of its 4 0 5 , 0 0 0
Blossom Company has had years of record earnings. Due to this success, the market price of its shares of $ par value common stock has increased from $ per share to $ During this period, paidin capital remained the same at $ Retained earnings increased from $ to $ CEO Don Ames is considering either a stock dividend or a for stock split. He asks you to show the beforeandafter effects of each option on a retained earnings, b total stockholders' equity, and c par value per share.
a
Stock dividend retained earnings
$
for stock split retained earnings
$
b
tableOriginal Balances,After Dividend,After SplitPaidin capital,$$$
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