Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp Help Problem 17-7 Stock Dividend Effects (LG17-6) If a firm has retained earnings of $20 million, a common shares account of $40 million, and additional paid in capital of $8.0 million how would these accounts change in response to a 10 percent stock dividend? Assume market value of equity is equal to book value of equity. (Enter your answers in dollars not in millions. Input all amounts as positive values. Indicate the direction of the effect by selecting "increase," "decrease." or "no change" from the drop down menu.) Answer is complete but not entirely correct. Retained earnings Common stock Additional paid in decrease increase to 10 $ 1520,000 $ 4,400,000 $ 8.000000 capital Increase BO Prex 1 of 10 HI! Next > search O E Dll d PrtS Home Eerd Poup F FB 10 A & W * $ 4 % 5 3 6 7 8 9 E R T T Y U I 0 D F G H L