Squash Delight Inc. has the following balance sheet:

Assets Cash $ 30,000

Accounts receivable 317,000

Fixed assets 862,000

Total assets $ 1,209,000

Liabilities Accounts payable $ 262,000

Notes payable 56,000

Common stock (130,000 shares @ $2 par) 260,000

Capital in excess of par 100,000

Retained earnings 531,000

Total liabilities & owners' equity $ 1,209,000

The firms stock sells for $12 a share.

b. Show the effect on the capital accounts of a 10 percent stock dividend. Part b is separate from part a. In part b do not assume the stock split has taken place. (Do not round intermediate calculations and round your answers to the nearest whole dollar.)

	Effect of stock dividend
Common stock	$286,000
Capital Excess of Par	?
Retained earnings	?
Total Equity	?