Exercise 11-5 Stock dividends and splits LO P2 ity secti stock-sB par value, 65, 000 shares authorized, 26,000 shares issued and outstanding $208,000 100,000 309,000 $616, 000 Paid-in capital in excess of par value, common stoc Retained earnings Total stockholders' equity t Assume that the company declares and immediately distributes a 100% stock dividend. This event is recorded by capitalizing retained earnings equal to the stock's par value. Answer these questions about stockholders" equity as it exists afterissuing the new a.b.& c. Complete the below table to caiculate the retained earnings balance, total stockholders equity and number of outstanding shares. 2 Assume that the company implements a 2-for-1 stock split instead of the stock dividend in part t. Answer these questions about stockholders equity as it exists afterissuing the new shares. .b.a e. Complete the below table to calculate the retained earnings balance, total stockholders equity and number of outstanding shares Assume that the company declares and by capitalizing equity as it eoxists after issuing ers equity and n the new shares. Complete the below table to calculate the retained earnings balance, total