Why is the stockholders' equity still the same after the stock dividend?

Practice Do It! Review 02 a-b (Part Level Submission) Blossom Company has had 4 years of net income. Due to this success, the market price of its 300,000 shares of $5 par value common stock has increased from $12 per share to $51. During this period, paid-in capital remained the same at $4,410,000 Retained earnings increased from $1,900,000 to $12,600,000. President E. Rife is considering either a 18% stock dividend or a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on total stockholders' equity. Total stockholders' equity after stock dividend Total stockholders' equity after stock split 17010000 17010000