Question $4$ of $5$

$\frac{0\mathrm{.}33}{1}$

Metlock, Inc. has had $4$ years of record earnings. Due to this success, the market price of its $310,000$ outstanding shares of $$2$ par value common stock has increased from $$7$ per share to $$51.$ During this period, paid$-$in capital remained the same at $$2,630,000.$ Retained earnings increased from $$1,830,000$ to $$13,000,000.$ CEO Don Ames 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 total stockholders' equity.

Total stockholders' equity after stock dividend

$

Total stockholders' equity after stock split

$