Sita-Ram Trading Company has 24,000 shares of common stock outstanding. The current market price is Rs 250 per share. The Companys equity capitalization is as follows:

Common stock (Rs 100 par) Rs 2,400,000

Additional paid in capital 4,200,000

Retained earnings 8,700,000

Shareholders equity Rs 15,300,000

If the company were to declare a 15 percent stock dividend, what would happen to these accounts?

What happens to these accounts if the company declare a 3-for-2 stock split? Explain verbally.