nts (Unread) URCES ork Exercise 14-5 (Part Level Submission) On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $7 par value $539,700 Paid-in capital in excess of par-common stock 27,000 Retained earnings 173,000 Total stockholders' equity $739,700 1 On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $15 pers udy. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend $ Par value after the stock dividend $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: SIMILAI Thenart