Current Attempt in Progress The stockholders' equity section of Waterway Corporation consists of common stock ($10 par) $2,700,000 and retained earnings $533,000. A 10% stock dividend (27,000 shares) is declared when the market price per share $15. Show the before-and-after effects of the dividend on the following (a) (b) The components of stockholders' equity, Shares outstanding Par value per share (c) Before Dividend After Dividend $ Stockholders' equity $ Outstanding shares Par value per share 5 e Textbook and Media Attempts: 0 of 3 used Submit