The company with the common equity accounts shown here has declared a stock dividend of 15 percent when the market value of its stock is $64 per share. What effects on the equity accounts will the distribution of the stock dividend have? Common Stock ($5 par value) $435,000 Capital Surplus 2,150,000 Retained earnings 5,873,000 Total Owners' Equity 8,458,000

Suppose the company instead decides on a four- for-one stock split. What effect does this have on the equity accounts