Current Attempt in Progress Your answer is partially correct. The stockholders' equity section of Cheyenne Corp.'s balance sheet consists of common stock ($7 par) $952,000 and retained earnings $400,000. A 10% stock dividend (13,600 shares) is declared when the market price per share is $16. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Question 4 of 5 0.58 / 1 Before Dividend After Dividend Stockholders' Equity Paid-in Capital Common Stock $ 952000 $ 119680 Paid-in Capital in Excess of Par Value-Common Stock i 10880 Total Paid-in Capital 952000 108800 Retained Earnings 400000 378240 Total Stockholders' Equity $ 1350000 $ 487040 (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares 360000 396000