Hi all. looking for help here. Thank you!

Do It! Review 11-03b Your answer is partially correct. Try again. Sheridan Company has had 4 years of record earnings. Due to this success, the market price of its 445,000 shares of $2 par value common stock has increased from $15 per share to $51. During this period, paid-in capital remained the same at $2,670,000. stockholders' equity, and (c) par value per share. Retained earnings increased from $2,002,500 to $13,350,000. CEO Don Ames is considering either (1) a 15% stock dividend or (2) a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on (a) retained earnings, (b) total (a) 1. Stock dividend - retained earnings 66750 2. 2-for-1 stock split - retained earnings