00:59:30 On July 1, Davidson Corporation had the following capital structure Common stock ($4 par value) Additional paid-in capital Retained earnings Treasury stock Required: $720,000 1,070,000 790,000 Complete the table below for each of the two following independent cases: ((Round "Par value per share" amounts to 2 d places.) Case 1: The board of directors declared and issued a 60 percent stock dividend when the stock was selling at $5 per sha Case 2: The board of directors announced a 6-for-5 stock split (.e., a 20 percent increase in the number of shares). The prior to the split was $6 per share. Items Before Dividend and Split After Stock Dividend After Stock Split Common stock account Par value per share $ 4.00 Shares outstanding Additional paid-in capital $ 1,070,000 Retained earnings $ 790,000 Total stockholders' equity