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The stockholders' equity section of Sheffield Corporation consists of common stock ($10 par) $2,650,000 and retained earnings $532,000

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The stockholders' equity section of Sheffield Corporation consists of common stock ($10 par) $2,650,000 and retained earnings $532,000. A 10% stock dividend (26,500 shares) is declared when the market price per share is $14. 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 $ $ Click if you would like to Show Work for this question: Open Show Work