Problem 14-10 Stock Dividends [LO 3]

The company with the common equity accounts shown here has declared a 10 percent stock dividend at a time when the market value of its stock is $53 per share.

Common stock ($1 par value)	$	290,000
Capital surplus		1,345,000
Retained earnings		3,465,000
Total owners equity	$	5,100,000

Required:

Show the new equity account balances after the stock dividend distribution.

Common stock	$
Capital surplus
Retained earnings
Total owners equity	$