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Do It! Review 11-6 (Part Level Submission) Jurgens Company has had 4 years of net income. Due to this success, the market price of its

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Do It! Review 11-6 (Part Level Submission) Jurgens Company has had 4 years of net income. Due to this success, the market price of its 423,000 shares of $5 par value common stock has increased from $10 per share to $55. During this period, paid-in capital remained the same at $4,339,100. Retained earnings increased from $1,735,100 to $12,604,600. 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 LINK TO TEXT

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