Equity account balances after stock dividend distribution

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Reference no: EM131444416

The company with the common equity accounts shown here has declared a 12 percent stock dividend at a time when the market value of its stock is $59 per share.

Common stock ($1 par value) $ 400,000

Capital surplus 1,572,000

Retained earnings 3,864,000

Total owners’ equity $ 5,836,000

Show the new equity account balances after the stock dividend distribution. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

Common stock $:

Capital surplus:

Retained earnings:

Total owners’ equity $:

Reference no: EM131444416

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