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Question 22 Not yet answered Marked out of 1.00 Flag question The stockholders' equity section of the balance sheet for Pokagon Corporation appeared as follows
Question 22 Not yet answered Marked out of 1.00 Flag question The stockholders' equity section of the balance sheet for Pokagon Corporation appeared as follows before its recent stock divide Common stock, $30 par, 10,000 shares issued and outstanding Additional paid-in capital-common Retained earnings Total stockholders' equity $ 300,000 360,000 450,000 $1,110,000 Pokagon declared a 10% stock dividend when the market price per share was $60. After the stock dividend was distributed, the components of the stockholders' equity section were: Select one: A Common Stock Retained Earnings Additional Paid in Capital $390,000 $300,000 $510,000 After the stock dividend was distributed, the components of the stockholders' equity section were: Select one: . Common Stock Retained Earnings Additional Paid-in Capital $390,000 $300,000 $510,000 B. Common Stock Retained Earnings Additional Paid in Capital $390,000 $300,000 $390,000 . Common Stock Retained Earnings Additional Paid-in Capital $390,000 $330,000 $390,000 D. There would be no change in the components of stockholders' equity
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