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The owners' equity accounts for Octagon International are shown here Common stock ($.50 par 35,000 320,000 708,120 1,063,120 value) Capital surplus Retained earnings Total owners'equityS
The owners' equity accounts for Octagon International are shown here Common stock ($.50 par 35,000 320,000 708,120 1,063,120 value) Capital surplus Retained earnings Total owners'equityS e-1If the company's stock currently sells for $20 per share and a 15 percent stock dividend is declared, how many new shares will be distributed? (Do not round intermediate calculations.) New shares issued a- Show the new equity account balances after the stock dividend is paid. (Do not 2. round intermediate calculations.) Common stock Capital surplus Retained earnings Total owners' equity b-1.If the company declared a 25 percent stock dividend, how many new shares will be distributed? (Do not round intermediate calculations.) New shares issued b- Show the new equity account balances after the stock dividend is paid. (Do not 2. round intermediate calculations.) Common stock Capital surplus Retained earnings Total owners' equity
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