On December 31, the stockholders equity section of the balance sheet of Maroon Manufacturing reflected the following:

Common stock (par $10; 60,100 shares authorized; 25,100 issued and outstanding)	$ 251,000
Additional paid-in capital	12,100
Retained earnings	75,500

On February 1 of the following year, a 12 percent stock dividend was issued. The market value of the stock on February 1 was $18 per share.

Required:

For comparative purposes, prepare the stockholders equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend.

If the stock dividend were 100%, would the additional paid-in capital account be affected?