can someone explain for how they got the number that I have circled it with black? and I will provide you with my answer

Stock Number dividend NO of Stock of purchase dividend share after Common on in stock Shares outstanding shares share dividend 215000 NA 215000 Shares Authorized Shares Issued 200000 same as 6980 shares 206980 Shares 174500 4% Outstanding 6980 181480 Date Account Titles Debit Credit SS 31410 sep Retained Earnings ( 6980 shares @ 1 $ 4.5) Common Stock Dividend Distributable ( 6980 shares @s 4.5) (to record dividend declared) 31410 1 Oct no entry required as only note will be sent to all shareholders regarding 31410 13 Common Stock Dividend oct Distributable ale dr Common Stock (6980*0.10) Paid-in Capital in Excess of Par: Common Stock (balance) 698 30712 Balance before the Balance after the stock Particulars stock dividend dividend $ 20000 Common $ 20698 (200000 Stock (206980'S0.10) $0.10) Paid-in Capital in $ 580000 $ 220940 excess of par (200000* ($200000-2.9+$69803 common $2.9) dividend) Stock Retained $2968590 $3,000,000 Earnings (3000000-31410) Treasury Stock (200000- 174500) (879050) (579050) 25500 shares SO 79050/25500 Total Problem: In some cases, companies elect to pay dividends to stockholders in the form of additional shares of stock instead of cash. A stock dividend is normally declared only on common stock and issued to common stockholders. An analysis of Hydrangeas, Inc.'s common stock is as follows: Number of shares Shares wuthorized 215,000 Shares issued 200,000 6980 Shares outstanding 174,500 On September 1, Hydrangeas, Inc. declared a 4 stock dividend for its common stockholders. The stock dividend will be distributed on October 13 for holders of records on October 1. Hydrangeas's common stock has a par value of $0.10 Complete the table to reflect the correct number of common shares in the company after the stock dividend is distributed (Hint: Remember, the number of shares declared (and distributed) are calculated using outstanding shares because only ostandanding shares receive dividends.) Show any work you wish for me to consider for partial credit in this box: Shares authorized Number of common shares 25.060 120680 1745ooko4 6980 decleaned 200.000 + 480 = 206980 Shanes issued Shares outstanding 181480 On September 1, the market price of Hydrangeas, Inc.'s common stock was $4.50 per share. On October 1, the market price of Hydrangeas, Inc.'s common stock was $4.75 per share. On October 13, the market price of Hydrangeas, Inc.'s common stock was $4.00 per share. Complete the necessary journal entries that Hydrangeas, Inc. made in order to account for the declaration and distribution of its stock dividend. Account Title Debit Credit Date sepi real inel earning (6180 *U-SO Re Shore) 31470 Kommen stack dist divided Bare distributable (6980x6-'0) LOCA Nessabeay Paid in capital in al por value (4.4) B Common Stock dividel distributor 3146 comon stock at go lo value 314/0 30312 has never issued preferred stock. Complete the chart below that represents stockholders' equity before the stock dividend is declared and after the stock dividend is declared and distributed. The general ledger accounts (- Hydrangeas, Inc. issued the 200 000 shares before the stock dividend at a price of $3 per sha accounts) est be completed for full credit in determining the balance after the stock dividend". Balance before the stock dividend 201000 Balance after the stock dividend Common stock Paid-in-capital in excess of par-CS Retained earnings Treasury stock Total Stockholders' Equity 26698 30712 296 8590 (79, oso) 3,000,000 (79,050) PIC-CS 2001000 Common stock 2009 jouo 20,000 294egaso lzquoaso Bon 30,712 36712 Xoilo 20,000 Bano 6986 Kolge 20698 31410 3,000,000 = Retained earnings Treasury stock Taoso noso 20,68590 79050179050 CS dividend distr. 698 yerno san treasuy amount Ishane issuel shones outstas 692 Taoso (2001000 174iS Bibo3 | Re Shane Type answer here: How much per share did Hydrangeas, Inc. pay for the treasury stock? assume it was a single purchase) Vhat effect does a stock dividend have on the company's total assets? Defend your