The owners$$ equity accounts for Southern Lights International are shown here:

Common stock $($$$\mathrm{.}60$ par value$)$ $ $30,000$

Capital surplus $310,000$

Retained earnings $688,120$

Total owners$$ equity $ $1,028,120$

a$-1.$ If the company's stock currently sells for $$20$ per share and a $20$ percent stock dividend is declared, how many new shares will be distributed? $($Do not round intermediate calculations.$)$

a$-2.$ Show the new equity account values. $($Do not round intermediate calculations.$)$

b$-1.$ If instead the company declared a $25$ percent stock dividend, how many new shares will be distributed? $($Do not round intermediate calculations.$)$

b$-2.$ Show the new equity account values. $($Do not round intermediate calculationThe owners' equlty accounts for Southern Lights International are shown here:

If the compony's stock currenty sels for $$20$ per shse and a $20$ percent stock

a$-1.$ dividend is decisred, how many new shares will be datributed? $($Do not round

Intermediate calculstions.$)$

a$-2$ Show the new equlty account values. $($Do not round Intermedlate calculstions.$)$

b$-1.$ If Inatead the compony declared a $25$ percent stock clvidend, how many new shares

will be distr buted? $($Do not round intermediate calculations.$)$

Now shares ksuad

b$-2$ Show the new equlty sccount volues. $($Do not round Intermediate calculations.$)$s$.)$