Problem 10-05 Jackson Enterprises has the following capital (equity) accounts: $200,000 Common stock ($2 par; 100,000 shares outstanding) Additional paid-in capital 350,000 225,000 Retained earnings The board of directors has declared a 15 percent stock dividend on January 1 and a $0.25 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $6? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar. The impact of the 15 percent stock dividend: Common stock ($ par; shares outstanding) $ Additional paid-in capital $ Retained earnings $ The impact of the $0.25 a share cash dividend: Common stock ($ par; shares outstanding) $ Additional paid-in capital $ Retained earnings $