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Exercise 14-05 a-b (Video) On October 1, Sunland Corporation's stockholders' equity is as follows. Common stock, $5 par value $384,000 Paid-in capital in excess of par-common stock 29,000 Retained earnings 170,000 Total stockholders' equity $583,000 On October 1, Sunland declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend s Par value after the stock dividend s LINK TO TEXT VIDEO: SIMILAR EXERCISE Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock S Paid-in capital in excess of par value S Retained earnings S Click if you would like to Show Work for this qu Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE