Kimmel, Accounting, 6e Help I System Announcements NEXT Do It! Review 11-3b 2 Your answer is partially correct. Try again. Blossom Company has had 4 years of record earnings. Due to this success, the market price of its 370,000 shares of $2 par value common stock has increased from $15 per share to $51. During this period, paid-in c increased from $1,665,000 to $11,100,000. CEO Don Ames is considering either (1) a 15% stock dividend or (2) a 2-for-1 stock split. He apital remained the same at $2,220,000. Retained earnings asks you to show the before-and-after effects of each option on (a) retained earnings, (b) total stockholders' equity, and (c) par value per 2,830,500 2. 2-for-1 stock split - retained earnings Original Balance After Dividend After Split Paid-in capital N A 4:34 PM OLL