Question 2 of 8 < > View Policies -/1.5 Current Attempt in Progress The stockholders' equity section of Pina Colada Corp's balance sheet consists of common stock ($8 par) $1,096,000 and retained earnings $480,000. A 10% stock dividend (13,700 shares) is declared when the market price per share is $17. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend 10 $ (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend Outstanding shares eTextbook and Media List of Accounts Save for Later After Dividend $ $ Attempts: 0 of 3 used Submit Answer