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Coronado Company has had 4 years of net income. Due to this success, the market price of its 460.000 shares of $3 par value common

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Coronado Company has had 4 years of net income. Due to this success, the market price of its 460.000 shares of $3 par value common stock has increased from $11 per share to $52. During this period, paid-in capital remained the same at $2,450,000. Retained earnings increased from $1,860,000 to $11,200,000. President E. Rife is considering either a 18% stock dividend or a 2 -for-1 stock split. (a) He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend Retained earnings after stock split 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

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