Glamorous Accessories and Things, Inc. would like to pay a dividend but cash is a little tight right now. Glamorous has decided to issue a 9% stock dividend. There are currently 22,000 shares outstanding and they have a price of $57 per share. Colby owns 315 shares of Glamorous.

What is the value of Colbys investment in GATI BEFORE the stock dividend? __________

How many shares will Colby have AFTER the stock dividend? ________________

What will each share be worth AFTER the stock dividend? _________________

What will be the total value of Colbys investment in GATI AFTER the stock dividend? _______________