Question: Please explain how to solve to help me understand The stockholders' equity section of Novak Corp.'s balance sheet consists of common stock $9 par $1,134,000

Please explain how to solve to help me understand

The stockholders' equity section of Novak Corp.'s balance sheet consists of common stock $9 par $1,134,000 and retained earnings $410,000 A 15 % stock dividend (18,900 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 (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares

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