Senior Life Co. is an HMO for businesses in the Portland area. The following account...
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Senior Life Co. is an HMO for businesses in the Portland area. The following account balances appear on the balance sheet of Senior Life Co.:Common stock (800,000 shares authorized; 500,000 shares issued), $4 par, $2,000,000; Paid-in capital in excess of par-common stock $1,000; and Retained earnings, $33,500,000. The board of directors declared a 29% stock dividend when the market price of the stock was $13 a share. Senior Life Co. reported no income or loss for the current year. "format all answers with a dollar sign and commas (ex. $xxo) BEFORE the stock dividend, what are the following amounts: a) Total Paid-in capital b) Total Retained earnings c) Total Stockholders' equity AFTER the stock dividend, what are the following amounts: d) Total Paid-in capital e) Total Retained earnings f) Total Stockholders' equity
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