Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. 
What will the total number of shares issued be after the declaration of a 10% stock dividend?
Definitions:
Tax-Exempt Status
A designation that exempts specific entities or income from tax under federal or state laws.
Personal Assets
Items of value owned by an individual, including both tangible and intangible assets, such as cash, property, investments, and intellectual property.
Insolvent
The condition of being unable to pay off owed debts as they become due.
Total Outstanding Stock
The total shares of a company's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares.
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