ABC Corp. has 675,000 shares of $1 par value common stock. The current market price is $100. The CEO of the company is considering either a $1 per share cash dividend, or 12% stock dividend, or a 2-for-1 stock split. Calculate the impact on the items of stockholders' equity for each alternative option in the following table.

		Option 1	Option 2	Option 3
	Original Balances	If 2-for-1 stock split	After $1 per share cash dividend	If 12% stock dividend paid
Paid-in capital	$4,500,000.00
Retained earnings	$10,000,000.00
Total stockholders' equity	$14,500,000.00
Outstanding shares	$675,000
Par value per share	$1.0
Market value per share	$100
Total Market value of equity	$67,500,000.00