On October 1, Sheridan Corporation's stockholders equity is as follows. Common stock. $5 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $383,500 25,000 169.000 $577,500 On October 1. Sheridan declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. On October 1, Blossom Corporation's stockholders' equity is as follows. Common stock. $6 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $463,200 30,000 174,000 $667,200 On October 1, Blossom declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. (a) x Your answer is incorrect. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend $ 30.000 Par value before the stock dividend Par value after the stock dividend BA 99.480 tv + Search or type URL % $ 4 3 * 0 5 6 7 9 0