a Search this courte Ch 10: End-of-Chapter Problems - The Features of Stock Book Problem 10-08 A firm has the following balance sheet: Assets Cash Accounts receivable Inventory $ 20,000 166,000 78,000 Uabilities and Equity Accounts payable Long-term debt Common stock ($7 par: 4,000 shares outstanding) Additional paid in capital Retained earnings $ 20,000 118,000 28.000 Plant and equipment 190.000 142,000 146.000 $454,000 $454,000 a. Construct a new balance sheet showing the impact of a three-for one split. If the current market price of the stock is $56, what is the price after the split Round the par value and the market price after the split to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar Assets Cash Liabilities and Equity Accounts payable Accounts receivable $ Long-term debt 5 Inventory $ Common stock (5 par Shares outstanding) Additional paid in capital Plant and equipment Retained earnings $ $ Price of the cansman stock after the split b. Construct a new bwance sheet showing the most of us percent stock dividend. After the stock dividend, what is the new price of the common stock the ems the Features of Stock Plant and equipment $ Additional paid in capital Retained earnings $ Price of the common stock after the split: $ b. Construct a new balance sheet showing the impact of a 15 percent stock dividend. After the stock dividend, what is the new price of the common stock Use the original balance sheet from the problem statement. Round the par value and the market price after the stock dividend to the nearest cont, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar Assets Cash Liabilities and Equity Accounts pable $ Accounts receivable able 5 Long-term debet $ Inventory Common stock ( par: shares outstanding) Additional paid-on capital Plant and equipment Retained earnings $ $ $ Price of the common stock after the stock dividend: S