OurNewCo declared and immediately distributed a 10% stock dividend on the $10,000,000 issued and outstanding 1,000,000 shares of $ 1 par value stock. On the dividend date the market value of the stock was $20 per share. Question 3 1 pts Using the above information, the Common Stock account will be increased by how much as a result of this stock dividend? Question 4 1 pts Using the same stock dividend information above, the PIC - in excess of par account will be increased by how much as a result of this stock dividend