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The shareholders' equity section ofWildhorseCorporation's balance sheet consists of264,000common shares for $2.29million, and retained earnings of $690,000. A 10% stock dividend is declared when the

The shareholders' equity section ofWildhorseCorporation's balance sheet consists of264,000common shares for $2.29million, and retained earnings of $690,000. A 10% stock dividend is declared when the fair value per share is $12. Show the before-and-after effects of the dividend on (a) share capital, (b) retained earnings, (c) total shareholders' equity, and (d) the number of shares.

BeforeAfter(a) Share capital

$

enter a dollar amount

$

enter a dollar amount

(b) Retained earnings

enter a dollar amount

enter a dollar amount

(c) Total shareholders' equity

enter a dollar amount

enter a dollar amount

(d) Number of shares

enter a number of shares

enter a number of shares

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