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On October 1, Blossom Corporation's stockholders' equity is as follows. Common stock, $5 par value $380,500 Paid-in capital in excess of parcommon stock 27,000 Retained earnings 163,000 Total stockholders' equity $570,500 On October 1, Blossom declares and distributes a 10% stock dividend when the market price of the stock is $15 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 $ LINK TO TEXT VIDEO: SIMILAR EXERCISE 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 $ ll