Show before and after effects of a stock dividend 3. The stockholders' equity section of O' Vear Corporation consists of common stock ($10 par) $2,000,000 and retained earnings $500,000. A 10% stock dividend (20,000 shares) is declared when the market value per share is $14.Show the before and after effects of the dividend on the following. (a) The components of stockholders' equity (b) Shares outstanding. (c) Par value per share