Oriole Company has had 4 years of record earnings. Due to this success, the market price of its 435,000 shares of $4 par value common stock has increased from $15 per share to $52. During this period, pald-in capital remained the same at $5,220,000. Retained earnings increased from $3,915,000 to $26,100,000. CEO Don Ames is considering either (1) a 15% stock dividend or (2) a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on (a) retained earnings. (b) total stockholders equity, and (c) par value per share. $ 1. Stock dividend -retained earnings 2. 2-for-1 stock split - retained earnings $ (b) Oriole Company Original Balance After Dividend After Split Paid-in capital $ $ Retained earnings $ $ Total stockholder's equity S Shares outstanding (b) Oriole Company Original Balance After Dividend After Split $ $ $ Paid-in capital Retained earnings Total stockholder's equity $ $ $ Shares outstanding (c) SA 1. Stock dividend - par value per share 2. 2-for-1 stock split - par value per share $ nunt: fed