Brief Exercise 11-09 The stockholders' equity section of Sheffield Corp. consists of common stock ($10 par) $1,510,000 and retained earnings $553,000. A 10% stock dividend (15,100 shares) is declared when the market price per share is $15. Show the before-and-after effects of the dividend on the following. (a) (b) (c) The components of stockholders' equity. Shares outstanding. Par value per share. Before Dividend After Dividend Stockholders' equity $ $ Outstanding shares Par value per share $ $