Exercise 14-5 On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings $379,000 27,000 160,000 $566,000 Total stockholders' equity On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend Par value after the stock dividend s LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Indicate the balances inthe three stockholders' equity accounts after the stock dividend shares have been distributed Common stock Paid-in capital in excess of par value Retained earnings