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Jurgens company has had 4 years of net income. Due to this success, the market price of its 340,000 shares of $4 par value common

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Jurgens company has had 4 years of net income. Due to this success, the market price of its 340,000 shares of $4 par value common stock has increased from $10 per share to $51. During this period, paid-in capital remained the same at $7, 270,000. Retained earnings increased from $1, 900,000 to $12, 800,000. President E. Rife is considering either a 12% stock dividend or a 2-for-l stock split. He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend $ Retained earnings after stock split $ He asks you to show the before-and-after effects of each option on total stockholders' equity. Total stockholders' equity after stock dividend $ Total stockholders' equity after stock split $

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