The owner's equity accounts for Hexagon International are shown here

Common stock ($.30 par value) $ 22,500

Capital Surplus 295,000

Retained earnings 658,120

Total owners' equity $ 975,620

a-1 If the company's stock currently sells for $30 per share and a 20 percent stock dividend is declared, how many new shares will be distributed?

a-2 Show the new equity account balances after the stock dividend is paid.

Common Stock?

Capital Surplus?

Retained Earnings?

Total owners's equity

b-1 If the company declared a 25% stock dividend, how many new shares will be distributed?

b-2 Show the new equity account balances after the stock dividend is paid.

Common Stock?

Capital Surplus?

Retained Earnings?

Total owners's equity