The owners equity accounts for Freya International are shown here:

Common stock ($.80 par value) $25,000

Capital surplus 370,000

Retained earnings 808,120

Total owners equity $1,203,120

a-1If Freya stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed?(Do not round intermediate calculations.)

New shares issued=

a-2Show how the equity accounts would change.(Do not round intermediate calculations.)

Common stock$

Capital surplus

Retained earnings

Total owners equity$

b-1If instead Freya declared a 20 percent stock dividend, how many new shares will be distributed?(Do not round intermediate calculations.)

New shares issued =

b-2Show how the equity accounts would change.(Do not round intermediate calculations.)

Common stock$

Capital surplus

Retained earnings

Total owners equity$