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On June 30, 2021, when Waterway Industries's stock was selling at $64 per share, its capital accounts were as follows: $2650000 Capital stock (par value

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On June 30, 2021, when Waterway Industries's stock was selling at $64 per share, its capital accounts were as follows: $2650000 Capital stock (par value $50; 53000 shares issued) Premium on capital stock 530000 Retained earnings 4220000 If a 100% stock dividend were declared and distributed, capital stock would be $3180000. $6784000. $2650000. O $5300000

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