As of January 1, 2020 Addison Company has the following accounts in Stockholders Equity.

Common Stock (par value $10) 2,000,000

Paid in Capital in Excess of Par - C/S 600,000

Retained earnings 4,200,000

$6,800,000

Addison Company issues a 3 for 1 stock split and then declares a cash dividend of $1.00 per share.

How does the total of these two transaction impact the below template? Indicate amount and increase/decrease by putting decreases in parenthesis. Increases should not be in parenthesis. No points allocated if $ amount is not included.