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The owners’ equity accounts for Freya International are shownhere: Common stock ($.40 par value)$44,000 Capital surplus360,000 Retained earnings788,120 Total owners’ equity$1,192,120 a-1If Freya stock currently sells for $30 per share and a 10percent stock dividend is declared, how many new shares will bedistributed? (Do not round intermediatecalculations.) New shares issued a-2Show how the equity accounts would change. (Do notround intermediate calculations.) Common stock$ Capital surplus Retained earnings Total owners’ equity$ b-1If instead Freya declared a 20 percent stock dividend, how manynew shares will be distributed? (Do not round intermediatecalculations.) New shares issued b-2Show how the equity accounts would change. (Do notround intermediate calculations.) Common stock$ Capital surplus Retained earnings Total owners’ equity$