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The shareholders' equity of Core Technologies Company on June 30, 2015, included the following: Common stock, $1 par, authorized, 6 million shares; issued and outstanding,

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The shareholders' equity of Core Technologies Company on June 30, 2015, included the following: Common stock, $1 par, authorized, 6 million shares; issued and outstanding, 2 million shares Paid-in capital-excess of par Retained eamings 2,000,000 8,000,000 21,000,000 On April 1, 2016, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $38 on April 1, 2016, and $48 on June 1, 2016. Required: Complete the below table to calculate the stock dividend. Stock Dividend Number of outstanding shares Stock dividend percentage Number of shares to be issued Value of stock dividend

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