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The stockholders' equity section of Swifty Corporation consists of common stock ($10 par) $2.200,000 and retained earnings $523,000. A 10% stock dividend (22,000 shares) is

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The stockholders' equity section of Swifty Corporation consists of common stock ($10 par) $2.200,000 and retained earnings $523,000. A 10% stock dividend (22,000 shares) is declared when the market price per share is $15. Show the before-and-after effects of the dividend on the following (a) (b) (c) The components of stockholders' equity. Shares outstanding Par value per share. Before Dividend After Dividend Stockholders' equity $ Outstanding shares $ $ Par value per share

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