On October 1, Sunland Corporation's stockholders' equity is as follows. Common stock. $5 par value $384,000 Paid-in capital in excess of par-common stock 29,000 Retained earnings 170,000 Total stockholders' equity $583,000 On October 1, Sunland declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend S Par value after the stock dividend $ Tevthank and Mar