514-4 On October 31, the stockholders' equity section of Heins Company consists of Compare efects of a sto ommon stock $500,000 and retained earnings $900,000. Heins is considering the following dividend and a stock sp wo courses of action: (1) declaring a 5% stock dividend on the 50,000 $10 par value 101) AP es outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per shar share. The current market price is $14 per share. Instructions Prepare a tabular summary of the effects of the alternative actions on the components of Par value: after stoc stockholders' equity, outstanding shares, and par value per share. Use the following column dividend $10. ater headings: Before Action, After Stock Dividend, and After Stock Split