Squash Delight Inc. has the following balance sheet: Cash Accounts receivable Fixed assets Total assets Assets Liabilities Accounts payable Notes payable Common stock (100,000 shares @ $4 par) Capital in excess of par Retained earnings Total liabilities & owners' equity The firm's stock sells for $10 a share. $ 90,000 307,000 782,000 $1,179,000 $ 284,000 51,000 400,000 100,000 344,000 $1,179,000

Squash Delight Inc. has the folfowing balance sheet: The firm's stock sells for \\( \\$ 10 \\) 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 colculations and round your answers to the neorest whole dollar.) Answer is complete but not entirely correct