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The company with the common equity accounts shown here has declared a 10 percent stock dividend at a time when the market value of its
The company with the common equity accounts shown here has declared a 10 percent stock dividend at a time when the market value of its stock is $57 per share. Common stock ($1 par value) $ 500,000 Capital surplus 1,558,000 Retained earnings 3,884,000 Total owners equity $ 5,942,000 Show the new equity account balances after the stock dividend distribution. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Common stock $ Capital surplus Retained earnings Total owners equity $
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