Do not complete Question \#8, the information is just required to complete the questions below. 8. Stock Dividends (LO4) The company with the common equity accounts shown here has declared a 15% stock dividend when the market value of its stock is $61 per share. What effects on the equity accounts will the distribution of the stock dividend have? Using the data from the previous problem (Q\&P 8), suppose the company decides on a four-forone stock split instead of a 15% stock dividend. What effect does this have on the equity accounts? (see \#8 for the equity accounts). Question \#8 looks at the impact of a stock dividend on the equity accounts of a given company. Question \#9 studies the impact of a stock split on the equity accounts. Compare the impact on the equity accounts. That is, does the impact differ? If yes, how? If not, why not? The firm's 75-cent per share cash dividend on the post-split shares (i.e. \# shares after the split) represents an increase of 10 percent over last year's dividend on the presplit stock. What was last year's dividend per share