Help S At the beginning of the year, the shareholders' equity section of the statement of financial position of R & B Corporation reflected the following: Common shares (no par value, authorized 80,000 shares, outstanding 40,000 shares) Contributed surplus Accumulated other comprehensive income Retained earnings $480,000 22,000 185,000 38,000 On February 1, the board of directors declared a 12 percent stock dividend to be issued on April 30. The market value per share was $18 on the declaration date. Required: 1. For comparative purposes, prepare the shareholders' equity section of the statement of financial position (a) before the stock dividend and (b) after the stock dividend. Contributed capital: Shareholders' Equity Before Stock After Stock Dividend Dividend Total shareholders' equity $ 0 $ 0