Novak Corp. has had 4 years of net income. Due to this success, the market price of its 300,000 shares of $5 par value common stock has increased from $11 per share to $54. During this period, paid-in capital remained the same at $4,290,000. Retained earnings Increased from $1.790,000 to $12,900,000. President E. Rife is considering either a 17% stock dividend or a 2-for-1 stock split Part 1 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 $ e Textbook and Media Save for Later Attempts: unlimited Subent Answer Part 2