03 10 points P11-11 (Algo) Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6,11-9 Just prior to the end of the fiscal year, Biofuel Corporation reported the following information: Common stock ($0.10 par value) Additional paid-in capital Retained earnings $ 72,000 2,020,000 920,000 Treasury stock eBook Cash flows from financing activities Required: 25,000 Print References Complete the table below for each of the three following independent cases: Note: Round "Par per share" answers to 2 decimal places.. Case 1: The board of directors declared a cash dividend of $0.02 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $10 per share. Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $22 per share. Items Common stock account After Cash Dividend After Stock After Stock Before Arry Dividends Dividend Split $ 72,000 $ Par value per share $ Shares outstanding 0.1 720,000 $ 72,000 0.10 $ $ 144,000 $ 72,000 0.10 $ 0.05 Additional paid-in capital $ 2,020,000 $ 720,000 2,020,000 $ 1,440,000 1,440,000 2,020,000 $ 2,020,000 Retained earnings $ 920,000 $ 912,800 920,000 Total stockholders' equity $ 3,012,000 $ 3,012,000 $ 3,012,000 Cash flows from financing activities $ 25,000 $ 25,000 $ 25,000 C