3.(2ots) On October 31 the stockhiolders' equity section of C. Bing Company's balance sheet consists of common stock $600,000 and retained earnings $400,000. Eaton is considering the following two shares outstanding or (2) affecting a 2-for-1 stock split that will reduce par value to S5 per The curreet market price is $15 per share Prepare the summary of the effects of the alternative actions on the company's stockholders' equ and outstanding shares. SHOW CALCULATIONS BELOW After Stock Dividend After Sock Split Total Paid in Capital Retained Earnings shares outstanding Par value of stock