The shareholder's equity section for a company was:

Common shares, 36,400 shares outstanding

$450,530

Retained earnings

1,365,000

Total shareholders' equity

$1,815,530

On April 1, the company's board of directors declared a 10% stock dividend. The stock price at the time was $16.50 per share. Calculate the following balance sheet amounts after the stock dividend was issued to its shareholders. Do not round your figures when doing your calculations.

Balance ($) of Common Sharesafter the issue of the new common shares(nearest dollar without comma or dollar sign, e.g. 21512):