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

Common stock, $7 par value		$527,800
Paid-in capital in excess of parcommon stock		22,000
Retained earnings		156,000
Total stockholders equity		$705,800

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

Compute the par value per share (1) before the stock dividend and (2) after the stock dividend.

Par value before the stock dividend		$
Par value after the stock dividend		$

Indicate the balances in the three stockholders equity accounts after the stock dividend shares have been distributed.

Common stock		$
Paid-in capital in excess of par value		$
Retained earnings		$