The stockholders' equity section of Pronghorn Corp's balance sheet consists of common stock $($ $$8$ par$)$ $$1,080,000$ and retained

earnings $$430,000.$ A $10\%$ stock dividend $(13,500$ shares$)$ is declared when the market price per share is $$19.$

$($a$)$ Show the before$-$and$-$after effects of the dividend on the components of stockholders' equity. $($Enter account name only and do not

provide descriptive information.$)$

$($b$)$ Show the before$-$and$-$after effects of the dividend on the shares outstanding.