View Policies Current Attempt in Progress The stockholders' equity section of Concord Corporation's balance sheet consists of common stock ($8 par) $1,096,000 and retained earnings $500,000. A 10% stock dividend (13,700 shares) is declared when the market price per share is $15. (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 List of Accounts Save for Later Attempts: 0 of 5 used Submit