Kimmel, Accounting, Ge Hele I S Do It! Review 11-3b Spears Company has had 4 years of record earnings. Due to this success, the market price of Its 400,000 shares of $2 par value common stock has increased from $6 per share to $50. During this period paid-i capitaire ained tesame at S2 400,000. Reta ned earnings increase fro i s 00,000 to $1200, 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 stockholders' equity, and (c) par value per share. 000, CEO Don Ames is considering either (1) a is% 1. Stock dividend retained earnings 2. 2-for-1 stock split retained earnings Spears Company After Split Original Balance After Dividend Paid-in capital Retained earnings Total stockholder's equity Shares outstanding 1. Stock dividend par value per share search