The corporate charter of Sandhill Corporation allows the issuance of a maximum of 3,980,000 shares of $1 par value common stock. During its first three years of operation, Sandhill issued 2,069,600 shares at $15 per share. It later acquired 79,600 of these shares as treasury stock for $25 per share. Based on the above information, answer the following questions: (a) How many shares were authorized? Authorised shares shares On November 1, 2025. Skysong Office Supply Corporation's stockholders' equity section is as follows: On November 1 , Skysong declares and distributes a 15% stock dividend when the fair value of the stock is $16 per share. Indicate the balances in the stockholders' equity accounts after the stock dividend has been distributed