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Stock Dividends The owners' equity accounts for Vulcano International are shown here: a. If the company's stock currently sells for $42 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. b. If the company declared a 25 percent stock dividend, how would the accounts change? Stock Splits For the company in Problem 4, show how the equity accounts will change if: Page 489 a. The company declares a 4-for-1 stock split. How many shares are outstanding now? What is the new par value per share? b. The company declares a 1-for-5 reverse stock split. How many shares are outstanding now? What is the new par value per share