The owners equity accounts for Trans World International are shown here:

Common stock ($1 par value)		$	110,000
Capital surplus			209,000
Retained earnings			690,000
Total owners equity		$	1,009,000

Requirement 1:

Assume Trans World stock currently sells for $22 per share and a stock dividend of 20 percent is declared.

(a)	How many new shares will be distributed?

(b)	Show the new balance for each equity account.

Common stock ?
Capital surplus ?
Retained earnings ?
Total owners equity ?

Requirement 2:

Now assume that instead Trans World declares a stock dividend of 25 percent.

(a)	How many new shares will be distributed?

New shares issued?

(b)	Show the new balance for each equity account.

Common stock ?
Capital surplus ?
Retained earnings ?
Total owners equity ?