Stock Dividends The owners’ equity accounts for Hexagon International are shown here...

Stock Dividends The owners’ equity accounts for Hexagon International are shown here:

a. If Hexagon stock currently sells for $37 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.

b. If Hexagon declared a 25 percent stock dividend, how would the accounts change?