Current Attempt in Progress The stockholders' equity section of Sheridan Company's balance sheet consists of common stock ($8 par) $1,144,000 and retained earnings $260,000. A 10% stock dividend (14,300 shares) is declared when the market price per share is $17. Show the before-and- after effects of the dividend on the following. (a) The components of stockholders' equity. (b) Shares outstanding. Stockholders' equity $ Outstanding shares Before Dividend 2.548.000 After Dividend 2.548,000