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The stockholders' equity section of Bramble Corp.'s balance sheet consists of common stock ($8 par) $1,024,000 and retained earnings $430,000. A 10% stock dividend

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The stockholders' equity section of Bramble Corp.'s balance sheet consists of common stock ($8 par) $1,024,000 and retained earnings $430,000. A 10% stock dividend (12.800 shares) is declared when the market price per share is $18. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend (b) Show the before-and-after effects of the dividend on the shares outstanding Outstanding shares Before Dividendi After Dividend

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