Brief Exercise 11-6 Your answer is partially correct. Try again. $9 par $1,089,000 and retained earnings $500,000 A 15% stock dividend The stockholders' equity section of Whispering Winds Corp.'s balance sheet consists of common stock (18,150 shares) is declared when the market price per share is $17. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity Before Dividend After Dividend Stockholders Equity Paid-in Capital Common Stock 1089000 1252350 Paid-in Capital in Excess of Par Value-Common Stock (b) Show the before-and-after effects of the dividend on the shares outstanding Before Dividend After Dividend Outstanding shares