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Blue Spruce Corp, has had 4 years of net income. Due to this success, the market price of its 460,000 shares of $4 par value

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Blue Spruce Corp, has had 4 years of net income. Due to this success, the market price of its 460,000 shares of $4 par value common stock has increased from $10 per share to $50. During this period, paid-in capital remained the same at $4.230,000, Retained earnings increased from $1.770,000 to $11.200.000. President E. Rife is considering either a 13% stock dividend or a 2-for-i stock split. * Your answer is incorrect He asks you to show the before-and-after effects of each option on retained earnings. $ 59800 Retained earnings after stock dividend Retained earnings after stock split $ 2990000 e Textbook and Media * Your answer is incorrect He asks you to show the before-and-after effects of each option on total stockholders equity $ Total stockholders' equity after stock dividend Total stockholders' equity after stock split $ e Textbook and Media

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