Problem 17-2 Stock Dividends [LO3] The owners equity accounts for Freya International are shown here: Common stock ($.50 par value) $ 42,500 Capital surplus 345,000 Retained earnings 758,120 Total owners equity $ 1,145,620

a-1 If Freya stock currently sells for $20 per share and a 15 percent stock dividend is declared, how many new shares will be distributed? (Do not round intermediate calculations.)

New shares issued 12750

a-2 Show how the equity accounts would change. (Do not round intermediate calculations.)

Common stock $ 48875 Capital surplus 593625 Retained earnings 503120 Total owners equity $ 1145620

b-1 If instead Freya declared a 25 percent stock dividend, how many new shares will be distributed? (Do not round intermediate calculations.)

New shares issued 21250

b-2 Show how the equity accounts would change. (Do not round intermediate calculations.) Common stock $ 53125 Capital surplus ______________ Retained earnings 333120 Total owners equity $

I've done all the calculations. I just need b-2 capital surplus