Before Action	Action After Stock Dividend	After Stock Split
Paid-in capital $ $ $
Retained earnings
Total stockholders equity
Outstanding shares

On October 31, the stockholders equity section of Pele Companys balance sheet consists of common stock $743,200 and retained earnings $424,500. Pele is considering the following two courses of action: (1) Declaring a 5% stock dividend on the 92,900 $8 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $4 per share. The current market price is $14 per share. Prepare a tabular summary of the effects of the alternative actions on the companys stockholders equity and outstanding shares.