COURCES Exercise 14-5 (Part Level Submission) On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $5 par value $383,500 Paid-in capital in excess of par-common stock 25,000 Retained earnings 169,000 Total stockholders' equity $577,500 Part On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. (a) Study 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 Click if you would like to Show Work for this question: Open Show Work Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE By (b) Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed Common stock Paid-in capital in excess of par value Retained earnings Click if you would like to Show Work for this question: Open Show Work VIDEO: SIMILAR EXERCISE LINK TO TEXT LINK TO TEXT