Brief Exercise 11-6 Your answer is partially correct. Try again. The stockholders' equity section of Monty Corp.'s balance sheet consists of common stock (13,700 shares) is declared when the market price per share is $15. S8 par) $1,096,000 and retained earnings $420,000. A 10% stock dividend (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend Paid-in Capital Common Stock Pald-in Capital in Excess of Par Value-Common Stock Total Paid-in Capital 21 Earnings 151 (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares