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The current stockholders' eeeeeauity account for Hilo Farms is as follows: common stock ($50,000 shares at $3 par) 150,000 paid in capital in excess of

The current stockholders' eeeeeauity account for Hilo Farms is as follows: common stock ($50,000 shares at $3 par) 150,000 paid in capital in excess of par 250,000 retained earnings 450,000 total stocholder's equity 850,000 Hilo has announced plans to issue an additional 5,000 shares of common stock as part of its stock divdend plan. The current market price of Hilo's common stock is holders's equity account

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