Splish Brothers Inc. has had 4 years of net income. Due to this success, the market price of its 460,000 shares of $4 par value common stock has increased from $13 per share to $53. During this period, paid-in capital remained the same at $4,230,000. Retained earnings increased from $1,830,000 to $12,100,000. President E. Rife is considering either a 16% stock dividend or a 2-for-1 stock split. Part 1 Your answer is correct He asks you to show the before and after effects of each option on retained earnings. 8,199 200 Retained earnings after stock dividend $ Retained earnings after stock split S 12.100,000 e Textbook and Media Attempts: unlimited Part 2 npts: unlimited Part 2 Your answer is incorrect. 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 $ e Textbook and Media Attempts: unlimited Submit Answer Save for Later corded Next >