4. (a) The board of T&G Corporation is exploring the two options for its dividend payout this year: a $1.5 cash dividend or a 20% stock dividend. At the present time, the firm's equity account and other per-share information are as follows: Common stock (200,000 shares at $1 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $200,000 $900,000 $600,000 $1,700,000 Price per share on cum-dividend date Earnings per share $25.00 $6 (i) Show the effect on the equity accounts, price per share on ex-dividend date, and earnings per share after the completion of a $1.5 cash dividend. [15 marks] (ii) Show the effect on the equity accounts, price per share on ex-dividend date, and earnings per share after the completion of a 20% stock dividend. [15 marks]