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The stockholders' equity portion of Brimstone Tire Company follows: Common Stock (2 million shares at $10 par) $ 20,000,000 Capital in excess of par $

The stockholders' equity portion of Brimstone Tire Company follows:

Common Stock (2 million shares at $10 par) $ 20,000,000

Capital in excess of par $ 17,000,000

Retained earnings $ 33,00,000

Total $70,000,000

The current market value of Brimstone's stock is $25. Show what the balance sheet will look like if Brimstone declares a 5% stock dividend

Common Stock (__ million shares at __ par)

Capital in excess of par

Retained earnings

Total

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