Stock Dividends and Stock Splits At December 31, 2014, Jasmine Corp. and Lavendar Corp. have identical amounts of common stock and retained earnings as follows: Common Stock, $10 par, 51,000 shares authorized, 10,000 issued, 10,000 outstanding Retained Earnings, $510,000 At December 31, 2014, Jasmine Corp. declares and issues a 100% stock dividend, while Lavendar Corp. declares and issues a 2-for-1 stock split. Required: Determine for each company the following amounts as of January 1, 2015: Accounts Jasmine Corp. Lavendar Corp Number of shares of common stock outstanding Par value per share of the common stock Total amount reported in common stock account Retained earnings shares shares