On October 1, Oriole Corporations stockholders equity is as follows.

Common stock, $7 par value		$535,500
Paid-in capital in excess of parcommon stock		30,000
Retained earnings		167,000
Total stockholders equity		$732,500

On October 1, Oriole declares and distributes a 10% stock dividend when the market price of the stock is $14 per share.

Can you Help me on B) and show me work how to get it ?

(a) Your answer is correct. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend $ 7 Par value after the stock dividend $ $ 7 eTextbook and Media Attempts: 1 of 3 used (b) x Your answer is incorrect. Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock $ 580580 Paid-in capital in excess of par value $ 74780 Retained earnings $ $ 50440 e Textbook and Media