Question: X Ch 11: End-of-Chapter Practice Cullumber Company has had 4 years of net income. Due to this success, the market price of its 300.000 shares

X Ch 11: End-of-Chapter Practice Cullumber Company has had 4 years of net income. Due to this success, the market price of its 300.000 shares of $3par v ecommon stock has increased from $10 per share to 550 During this period, paid in capital remained the same at $4.200,000 Retained earnings increased from $1,700,000 to $11,000,000. President E. Rife is considering either a 12% stock dividend or a 2-for-1 stock split. He asks you to show the before and after effects of each option on retained earnings Retained earnings after stock dividend $ Retained earnings after stock split e Textbook and Media 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 uity after stocks e Textbook and Media

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