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The stockholders' equity section of Ayayai Corp.'s balance sheet consists of common stock ($7 par) $973,000 and retained earnings $460,000. A 15 % stock dividend

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The stockholders' equity section of Ayayai Corp.'s balance sheet consists of common stock ($7 par) $973,000 and retained earnings $460,000. A 15 % stock dividend (20,850 shares) is declared when the market price per share is $16. View Edit (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. MC After Dividend Before Dividend Stockholders' Equity Paid-in Capital $ (b) Show the before-and-after effects of the dividend on the shares outstanding. After Dividend Before Dividend Outstanding shares +0 tn

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