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Jackson Enterprises has the following capital (equity) accounts: Common stock (53 par; 100,000 shares outstanding) $300,000 Additional pald-in capital 250,000 Retained earnings 200,000 The board

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Jackson Enterprises has the following capital (equity) accounts: Common stock (53 par; 100,000 shares outstanding) $300,000 Additional pald-in capital 250,000 Retained earnings 200,000 The board of directors has declared a 15 percent stock dividend on January 1 and a $0.20 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $6? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar The impact of the 15 percent stock dividend: Common stock (s par shares outstanding) Additional pald-in capital 5 Retained earnings $ The impact of the 50.20 a share cash dividend: Common stock (s par shares outstanding) Additional pald-in capital Retained earnings $

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