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fter effects of a stock 4 . ( LO 3 ) The stockholders' equity section of Ynoa Corporation consists of common stock ( $ 5

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fter effects of a stock
4.(LO 3) The stockholders' equity section of Ynoa Corporation consists of common stock ( $5 par) $3,000,000 and retained earnings $1,000,000. A 15% stock dividend (90,000 shares) is declared when the market price per share is $11. Show the before-and-after effects of the dividend on (a) the components of stockholders' equity, (b) shares outstanding, and (c) par value per share.
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