The stockholders' equity section of Concord Corporation's balance sheet consists of common stock (58 par $1.095.000 and retained earrings $500,000. A 10X stock dividend 12,700 sharest is declared when the market price per share is $15. Lal 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. Before Dividend After Dividend Outstanding shares