571 12 Problem 10-3A (Algo) Indicate effect of stock dividends and stock splits (LO10-6) eBook Pet Big Meadows Sports has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share. The CFO thinks the company should consider either a 100% stock dividend or a 2-for-1 stock split Required: 1. Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equity accounts, shares outstanding, par value, and share price. 2. State whether the statement "The primary reason companies declare a large stock dividend or a stock split is to lower the trading price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors." is true or false. Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equity accounts, shares outstanding, par value, and share price. (Round "Par value per share" to 2 decimal places.) Before Stock Dividend After 100% After 2-for- Stock Split Common stock. $1 par value $ 1,000 Additional paid-in capital 47,000 Total paid-in capital 48,000 0 Retained eamings 22.650 Total stockholders' equity $ 70,850 $ 0$ Shares outstanding 1,000 Par value per share $ 1.00 $ 106 Share price Required 2>