The stockholders' equity section of the balance sheet for Scuba Gear Corporation appeared as follows before its recent
stock dividend:
Common stock, $ par, shares issued and outstanding $
Additional paidin capital
Retained earnings
Total stockholders' equity $
Scuba Gear declared a stock dividend when the market price per share was $ After the stock dividend was
distributed, the components of the stockholders' equity section were:
Common Stock Add'l. Paidin Capital Retained Earnings
a $ $ $
b $ $ $
c $ $ $
d There would be no change in the components of stockholders equity.
