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(Solved): The Stockholders’ Equity Section Of Coronado Corporation Consists Of Common Stock ($10 Par) $2,45...

The stockholders’ equity section of Coronado Corporation consists of common stock ($10 par) $2,450,000 and retained earnings $528,000. A 10% stock dividend (24,500 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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