The company with the common equity acounts shown here has declared a 15 percent stock dividend when the market value of its stock is $35 per share. What effects on the equity accounts will the...

The company with the common equity acounts shown here has declared a 15 percent stock dividend when the market value of its stock is $35 per share. What effects on the equity accounts will the distribution of the stock dividend have ?

Common Stock ($1 par value)                       $    406,000

Capital Surplus                                                 1,340,000

Retained Earnings                                            3,427,000

                                                                     --------------------

  Total Owners' Equity                                    $ 5,173,000

Thanks in advance