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16.66 points On July 1, Davidson Corporation had the following capital structure Common stbock($3 par value) 750,000 1,070,000 780,000 Addtional paid-in capital Retained eamings Treasury

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16.66 points On July 1, Davidson Corporation had the following capital structure Common stbock($3 par value) 750,000 1,070,000 780,000 Addtional paid-in capital Retained eamings Treasury stock Required: Complete the table below for each of the two following indopendent cases (Round "Par value per share answers to 2 decimal places.) Case 1: The board of directors declared and issued a 50 percent stock dividend whon the stock was selling at $5 per share Case 2: The board of directors announced a 6-for-5 stock spit (i.e, a 20 peroent increase in the number of shares). The market prioe prior to the split was $5 per share nd Afte 750,000 Common stock acoount 3.00 Par value per share 250,000 Shares outstanding S 1,070,000 Additional paid-in capital 780,000 Retained eamings Total stockholiders' equity $ 2,600,000

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