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On October 1, Blossom Corporation's stockholders' equity is as follows. $380,500 27,000 Common stock, $5 par value Paid-in capital in excess of par-common stock Retained

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On October 1, Blossom Corporation's stockholders' equity is as follows. $380,500 27,000 Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity 163,000 $570,500 On October 1, Blossom declares and distributes a 10% stock dividend when the market price of the stock is $15 per share

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