On December 31, 2020, Talbot Corporation's common shares had a market price of $25 per share before any stock dividend or split, and the shareholders' equity section of the balance sheet appeared as follows: Common shares: unlimited shares authorized, 50,000 shares issued and outstanding Retained earnings Total shareholders' equity $927,500 1,524,000 $2,451,500 On December 31, 2020, the board of directors of Talbot Corporation declared a 20% stock dividend. On January 15, 2021, the new shares were issued. (a) ord the stock dividend. (Credit account titles are automatically indented when the amount is