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P14-9 (similar to) Assigned Media Question Help Stock dividend Firm $32 per share. Columbia Paper has the following stockholders' equity account. The firm's common stock

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P14-9 (similar to) Assigned Media Question Help Stock dividend Firm $32 per share. Columbia Paper has the following stockholders' equity account. The firm's common stock has a current market price of Preferred stock Common stock (8,000 shares at $3 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $100,000 24,000 232,000 120,000 $476,000 a. The preferred stock of Columbia after a 5% stock dividend is $ (Round to the nearest dollar)

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