On January 1, 2021, Bankole Corp, a publicly traded company, had these shareholders’ equity accounts: Common shares (Unlimited number of shares authorized, 60,000 issued) $60,000 Contributed surplus $30,000 Retained earnings $1,200,000 On February 1 the company declared a 5% stock dividend to common shareholders. The stock’s market price was $25.00. February 15th is the date of record and March 1st is the date of payment. On February 15th the stock’s market price was $26.00 and on March 1st the stock’s market price was $24.00. Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transactions at March 1 st , 2021, after the stock dividend payment. 

January 1, 2021 March 1, 2021 Number of common shares 60,000 Common shares $60,000 Contributed surplus $30,000 Retained earnings $1,200,000