2 On January 1, Biofuel Corporation had the following capital structure: Common stock ($0.50 par value) Additional paid-in capital Retained earnings Treasury stock Cash flows from financing activities $ 77,000 2,070,000 970,000 0 27,500 Required: Complete the table below for each of the three following independent cases (Round "Par per share" answers to 2 decimal places.): Case 1: The board of directors declared a cash dividend of $0.01 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $15 share. Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $27 per share. Answer is not complete. Items After Stock Dividend After Cash Dividend $ 77,000 After Stock Split Before any Dividend $ 77,000 $ 0.5 Common stock account $ 0.50 $ 0.50 $ 0.25 $ 2,070,000 Par per share Shares outstanding Additional paid-in captial Retained earnings Total stockholder's equity Cash flows from financing acitivities $ 2,070,000 $ 970,000 $ 27,500 $ 27,500 X