The Owners equity accounts for Quadrangle International are shown here: Common stock ($1 par value) $30,000 Capital surplus 285,000 Retained earnings 649,000 Total owners equity $964,180 a. If Quadrangle stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. b. If Quadrangle declared a 25 percent stock dividend, how would the accounts change? 3.For the company in problem 2, show how the equity accounts will change if: a. Quadrangle declares a four-for-one stock split. How many shares are outstanding now? What is he new par value per share? b. Quadrangle declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share