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Warm-Up 13-5 (similar to) Question Help 0 The current stockholders' equity account for Hilo Farms is as follows: Common stock (80,000 shares at $4 par)

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Warm-Up 13-5 (similar to) Question Help 0 The current stockholders' equity account for Hilo Farms is as follows: Common stock (80,000 shares at $4 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 320,000 230,000 410,000 $960,000 Hilo has announced plans to issue an additional 8,000 shares of common stock as part of its stock dividend plan. The current market price of Hilo's common stock is $23 per share. Show how the proposed stock dividend would affect the stockholder's equity account. The balance in common stock after the stock dividend is $ (Round to the nearest dollar.)

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