Problem 10-05 Jackson Enterprises has the following capital (equity) accounts: Common stock ($2 par; 150,000 shares outstanding) Additional paid-in capital Retained earnings $ 300,000 250,000 275,000 The board of directors has declared a 25 percent stock dividend on January 1 and a $0.30 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $5? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar. The impact of the 25 percent stock dividend: par; shares outstanding) $ Common stock ($ Additional paid-in capital Retained earnings The impact of the $0.30 a share cash dividend: par; shares outstanding) $ Common stock ($ Additional paid-in capital Retained earnings