Problem 14-4 Stock Dividends [LO 3] The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 45,000 Capital surplus 157,000 Retained earnings 603,000 Total owners' equity $805,000 Assume the company's stock currently sells for $42 per share and a stock dividend of 10 percent is declared. a-1. How many new shares will be distributed? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued a- Show the new balance for each equity account. (Do not round intermediate 2. calculations and round your answers to the nearest whole number, e.g., 32.) Common stock Capital surplus Retained earnings Total owners' equity Now assume that instead the company declares a stock dividend of 25 percent. b-1. How many new shares will be distributed? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued b- Show the new balance for each equity account. (Do not round intermediate 2. calculations and round your answers to the nearest whole number, e.g., 32.) Common stock Capital surplus Retained earnings Total owners' equity