Question 2 Pina Colada Corp. has had 4 years of net income. Due to this success, the market price of its 300,000 shares of $6 par value common stock has increased from $14 per share to $55. During this period, paid-in capital remained the same at $4,410,000. Retained earnings increased from $1,760,000 to $12,800,000. President E. Rife is considering either a 15% stock dividend or a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend Retained earnings after stock split LINK TO TEXT He asks you to show the before-and-after effects of each option on total stockholders' equity. Total stockholders' equity after stock dividend Total stockholders' equity after stock split