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The stockholders equity section of Catalina Companys balance sheet as of April 1 follows. On...

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Accounting

The stockholders equity section of Catalina Companys balance sheet as of April 1 follows. On April 2, Catalina declares and distributes a 10% stock dividend. The stocks per share market value on April 2 is $25. Prepare the stockholders equity section immediately after the stock dividend. Common stock$5 par value, 375,000 shares authorized, 150,000 shares issued and outstanding . . . . . . . . . . . $ 750,000 Contributed capital in excess of par value, common stock . . . . . . . 352,500 Total contributed capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,102,500 Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 633,000 Total stockholders equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,735,500

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