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Jackson Enterprises has the following capital (equity) accounts: Common stock ($2 par; 150,000 shares outstanding) $ 300,000 Additional pald-in capital 200,000 Retained earnings 275,000 The

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Jackson Enterprises has the following capital (equity) accounts: Common stock ($2 par; 150,000 shares outstanding) $ 300,000 Additional pald-in capital 200,000 Retained earnings 275,000 The board of directors has declared a 25 percent stock dividend on January 1 and a $0.25 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $4? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar The impact of the 25 percent stock dividend: Common stock ($ shares outstanding) $ Additional pald-in capital Retained earnings The impact of the $0.25 a share cash dividend: Common stock (s shares outstanding) $ Additional pald-in capital Retained earnings par: $ par: $ $

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