The company with the common equity accounts shown here has declared a stock dividend of 10 percent at a time when the market value of its stock is $31 per share.Common stock ($1 par value) $405,000Capital surplus 805,000Retained earnings 3,760,800Total owners’ equity $5,015,800What would be the number of shares outstanding, after the distribution of the stock dividend?New share outstanding 445,500What would the equity accounts be after the stock dividend?Common stock
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