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Question 12 10 pts Bluff Rock Corporation had $5 par common stock recorded on the balance sheet at $1,700,000 and retained earnings of $950,000. A
Question 12 10 pts Bluff Rock Corporation had $5 par common stock recorded on the balance sheet at $1,700,000 and retained earnings of $950,000. A 14% stock dividend is declared and paid when the market value was $16 per share. How much is Total Stockholder's Equity after the stock dividend? Enter your answer with a dollar sign, a comma between the hundreds and thousands and millions, and no decimal point. For example, if the answer is 3000000 enter as $3,000,000 How many shares are outstanding after the stock dividend? EU00 Enter your answer with a comma between the hundreds and thousands and no decimal point or dollar sign. For example, if the answer is 123456 enter as 123,456 12 htt E Ch D Question 13 6 pts Melvin Corporation reported Common Stock, $5 par value, 100,000 shares authorized and 40,000 shares issued and outstanding. The common stock is currently selling for $14.50 per share. What would be the amount in the Common Stock account after a 3:1 stock split? O $200,000 O $500,000 O $100,000 O $250,000 0 $400,000 O $1,000,000
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