The owners equity accounts for Alexander International are shown here:

Common stock ($0.50 par value)	$	20,000
Capital surplus		285,000
Retained earnings		638,120
Total owners equity	$	943,120

a-1	If Alexander stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed?

New shares issued

a-2	Show how the equity accounts would change.

Common stock	$
Capital surplus
Retained earnings
Total owners equity	$

b-1	If instead Alexander declared a 25 percent stock dividend, how many new shares will be distributed?

New shares issued

b-2	Show how the equity accounts would change.

Common stock	$
Capital surplus
Retained earnings
Total owners equity	$