Answer:
Common stock = $110,000
Additional paid-in capital = $130,000
Retained earnings = $170,000
Explanation:
Computation of the given data are as follows:
Common stock after issuing stock dividend = $100,000 + ( 10,000 ×10% × $10)
= $100,000 + 10,000 = $110,000
Additional paid-in capital after issuing stock dividend = 120,000 + ( 10,000 ×10% × $10)
= 120,000 + 10,000 = $130,000
Retained earnings after issuing stock dividend = 150,000 + ( 10,000 ×10% × $20)
= 150,000 + 20,000 = $170,000
