E$14-5$B On October $1,$ Matile Corporation's stockholders' equity is as follows.

On October $1,$ Matile declares and distributes a $10\%$ stock dividend when the market value

of the stock is $$15$ per share.

Instructions

$($a$)$ Compute the per value per share $(1)$ before the stock dividend and $(2)$ after the stock

dividend.

$($b$)$ Indicate the balances in the three stockholders' equity accounts after the stock divi$-$

dend shares have been distributed.