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The stockholders' equity for Lakeville, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On November

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The stockholders' equity for Lakeville, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On November 30, 2018, the market price of Lakeville's common stock was $15 per share and the company distributed a 20 percent stock dividend. Read the requirements. Nov 30 Retained earnings 210,000 Common stock 14,000 Paid-in capital in excess of parcommon 196,000 Data Table Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter balance sheet.) Stockholders' Equity Stockholders' Equity Paid-in capital: Common stock, $1 par, 450,000 shares authorized, 70,000 issued and outstanding Paid-in capital: Common stock, $1 par, 70,000 770,000 450,000 shares authorized, Paid-in capital in excess of parcommon 84,000 shares issued and outstanding 84000 Total paid in capital Paid-in capital in excess of parcommon 840,000 330,000 Retained earnings Total paid-in capital 1,170,000 Total stockholders' equity Retained earnings Total stockholders' equity Print Done

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