On July 31, a Corporation Reported the Following Stockholders' Equity

On July 31, a corporation reported the following stockholders' equity:
$\begin{array}{|l|r|}\hline\begin{array}{l}\text { Common stock, } \$ 10 \text { par value, } 200,000 \text { shares authorized, } 100,000 \text { shares } \\\text { issued and outstanding }\end{array} & \$ 1,000,000 \\\hline \text { Retained earnings } & 350,000 \\\hline \text { Total stockholders' equity } & \$ 1,350,000 \\\hline\end{array}$ On July 31, the market value of the corporation's stock was $15 per share. The directors were considering declaring a 10% or 30% stock dividend but wanted to know what effect each stock dividend would have on stockholders' equity. Calculate the balances in the following accounts for each proposed stock dividend distribution.