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The stockholders' equity section of Vaughn Corporation consists of common stock ( $10 par) $2,600,000 and retained earnings $531,000. A 10% stock dividend (26,000 shares)

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The stockholders' equity section of Vaughn Corporation consists of common stock ( $10 par) $2,600,000 and retained earnings $531,000. A 10% stock dividend (26,000 shares) is declared when the market price per share is $15. Show the before-and-after effects of the dividend on the following. (a) The components of stockholders' equity. (b) Shares outstanding. (c) Par value per share

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