rences between a stock dividend and a cash or property dividend? P15-12 Some of the account balances of Vos Limited at December 31, 2016 ar e as follows $6 Preferred shares (2,000 shares authorized, 2,000 shares issued and outstanding) Common shares (unlimited authorized, 50,000 shares issued and outstanding) Contributed surplus Retained earnings Accumulated other comprehensive income $520,000 500,000 103,000 774,000 22,350 The price of the companys common shares has ben increasing steadily on the market, it was $21 on January I it was $21 on January 1, 2017 and advanced to $24 by July 1 and to $27 at the end of 2017. Th appraised at S120 per share during 2017. Vos follows IFRS and had net income of S154,00 during 2017 e preferred shares are not openly traded but were