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Accounting question on stockholders equity... On July 1, Jones Corporation had the following capital structure: Common Stock, par $1; 8,000,000 authorized shares, 175,000 issued and

Accounting question on stockholders equity...

On July 1, Jones Corporation had the following capital structure:
Common Stock, par $1; 8,000,000 authorized shares, 175,000 issued and outstanding $ 175,000
Additional Paid-in Capital 105,000
Retained Earnings 185,000
Treasury Stock None
Required:

Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.)

Case 1:

The board of directors declared and issued a 100 percent stock dividend when the stock price was $6 per share.

Case 2:

The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $6 per share.

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