E11-12 (Algo) Analyzing Stock Dividends [LO 11-3] $ 257,000 12,700 On December 31, the stockholders' equity section of the balance sheet of Lakeside Industries reflected the following: Common stock (par $10; 60,700 shares authorized: 25,708 issued and outstanding) Additional paid in capital Retained earnings 78,500 On February 1 of the following year, a 12 percent stock dividend was issued. The market value of the stock on February 1 was $18 per share. Required: 1. For comparative purposes, prepare the stockholders' equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend. 2. If the stock dividend were 100%, would the additional paid in capital account be affected? Complete this question by entering your answers in the tabs below. Required 1 Required 2 For comparative purposes, prepare the stockholders' equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend. Complete this question by entering your answers in the tabs below. Required 1 Required 2 For comparative purposes, prepare the stockholders' equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend. Stockholders' Equity Before After Stock Stock Stock Dividend Dividend Dividend Contributed Capital: Common Stock $ 257,000 $ 30,840 $ 287,840 Additional Paid-In Capital 12,700 24,672 37,372 55,512 325,212 Total Contributed Capital Retained Earnings 269,700 78,500 Total Stockholders' Equity Required Required 2 >