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The owners' equity accounts for Masterson International are shown here: $ 45,000 157,000 603,000 Common stock ($1 par value) Capital surplus Retained earnings Skipped Total
The owners' equity accounts for Masterson International are shown here: $ 45,000 157,000 603,000 Common stock ($1 par value) Capital surplus Retained earnings Skipped Total owners' equity $805,000 Assume the company's stock currently sells for $42 per share and a stock dividend of 10 percent is declared. a-1.How many new shares will be distributed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued a Show the new balance for each equity account. (Do not round intermediate 2. calculations and round your answers to the nearest whole number, e.g., 32.) Skipped Common stock Capital surplus Retained earnings Total owners' equity Now assume that instead the company declares a stock dividend of 25 percent. b-1.How many new shares will be distributed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued Now assume that instead the company declares a stock dividend of 25 percent. b-1.How many new shares will be distributed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Skipped New shares issued b- Show the new balance for each equity account. (Do not round intermediate 2. calculations and round your answers to the nearest whole number, e.g., 32.) Common stock Capital surplus Retained earnings Total owners' equity
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