Larkspur, Inc. has had 4 years of net income. Due to this success, the market price of its 370,000 shares of $4 par value common stock has increased from $14 per share to $52. During this period, paid-in capital remained the same at $4,420,000. Retained earnings increased from $1,850,000 to $12,400,000. President E. Rife is considering either a 15% stock dividend or a 2-for-1 stock split. - Your answer is partially correct. He asks you to show the before-and-after effects of each option on retained earnings Retained earnings after stock dividend $ 12114000 Retained earnings after stock split 12400000 e Textbook and Media Assistance Used e Textbook . Your answer is incorrect. 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 e Textbook and Media Assistance Used