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ON Question 2 On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $5 par value $379,000 Paid-in capital in excess of par-common stock 27,000 Retained earnings 160,000 Total stockholders' equity $566,000 On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. Your answer is correct. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend Par value after the stock dividend x Your answer is incorrect. Try again. Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock 440,000 Paid-in capital in excess of par value 105,000 Retained earnings 35,000