At the end of 20X6, Home Ltd. reported the following in shareholders equity: Common shares, no-par value; authorized, unlimited shares; issued, 14,650,000 shares $ 19,125,000 Retained earnings 53,080,000 $ 72,205,000 At this time, the shares were trading in the range of $2 to $4 per share on public stock markets. The companys board of directors is contemplating two alternative courses of action: Declaring a 50% stock dividend, or Executing a 3-for-2 stock split. Required: 1. Prepare the shareholders equity section for each alternative, assuming that market value is used to capitalize the stock dividend. 2. What would the expected share price be assuming a share price of $4 for alternative 1 and a share price of $6 for alternative 2? (Round your answers to 2 decimal places.) 3-a. Which alternative would shareholders prefer? 4. Which alternative would the company prefer?