points eBookHintReferencesCheck my workCheck My Work button is now enabledItem 5 E11-12 (Static) Analyzing Stock Dividends [LO 11-3] On December 31, the stockholders equity section of the balance sheet of R & B Corporation reflected the following: Common stock (par $10; 60,000 shares authorized; 25,000 issued and outstanding) $ 250,000 Additional paid-in capital 12,000 Retained earnings 75,000 On February 1 of the following year, a 12 percent stock dividend was issued. The market value of the the stock on February 1 was $18 per share. Required:

1. For comparative purposes, prepare the stockholders equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend.
2. If the stock dividend were 100%, would the additional paid-in capital account be affected?