The stockholders' equity section of Coronado Corporation consists of common stock ($10par) $1,800,000and retained earnings $515,000. A10% stock dividend (18,000shares) is declared when the market price per share is $14. Show the before-and-after effects of the dividend on the following.

(a)The components of stockholders' equity.(b)Shares outstanding.(c)Par value per share.

Before Dividend After Dividend

Stockholders' equity$

Outstanding shares$

Par value per share$

$