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The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $37
The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $37 per share.
Common stock ($1 par value) $ 435,000
Capital surplus 856,000
Retained earnings 3,820,800
Total owners' equity $ 5,111,800
New shares outstanding 500,250
What would the equity accounts be after the stock dividend? (Do not round intermediate calculations.)
Common stock $ 500250
Capital surplus $_________
Retained earnings $______________
Total owners' equity $_______________
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