Please Help , ignore the answers I filled in on bottom they are incorrect
On November 1, 2014, Kalen Corporation’s stockholders’ equity section is as follows:
| Common stock, $10 par value |
|
$600,000 |
|
| Paid-in capital in excess of par value—Common Stock |
|
180,000 |
|
| Retained earnings |
|
200,000 |
|
| Total stockholders’ equity |
|
$980,000 |
|
On November 1, Kalen declares and distributes a 15% stock dividend when the market value of the stock is $16 per share.
Indicate the balances in the stockholders’ equity accounts after the stock dividend has been distributed.
