Dcor City Imports recently reported the following stockholders equity (adapted and in millions except par value per share):

Suppose Dcor City split its common stock 2 for 1 in order to decrease the market price of its stock. The companys stock was trading at $17 immediately before the split.

R1. Prepare the stockholders equity section of Dcor City Imports balance sheet after the stock split.

R2. Were the account balances changed or unchanged after the stock split?

Paid in capital Common stock, $1 par, 450 shares authorized, 104 shares issued $ 104 153 257 653 (227) $ 683 Paid-in capital in excess of par Total paid-in capital Retained earnings Other equity Total stockholders' equity