On October 1, Chile Corporation's stockholders' equity is as follows.
Common stock, $4 par value $128,000
Paid-in capital in excess of par value 23,690
Retained earnings 70,390
Total stockholders' equity $222,080
On October 1, Chile declares and distributes a 11% stock dividend when the market value of the stock is $14 per share.
Compute the book value per share (1) before the stock dividend and (2) after the stock dividend.
Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed.