13. The Western Pipe Company has the following capital section in its balance sheet. Its stock is currently selling for $6 per share. Common stock (50,000 shares at $2 par) Capital in excess of par Retained earnings ..... $100,000 100,000 250,000 $450,000 The firm intends to first declare a 15 percent stock dividend and then pay a 25-cent cash dividend (which also causes a reduction of retained earnings). Show the capital section of the balance sheet after the first transaction and then after the second transaction