Blossom Inc. is considering one of three options: (1) paying a $0.30 cash dividend, (2) distributing a 3% stock dividend, or (3) effecting a 2-for-1 stock split. The current fair value is $12 per share. Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibility independently). Total assets i Total liabilities Common shares Before Action (1) After Cash Dividend (2) After Stock Dividend (3) A $1,800,000 $ $ $65,000 $ $ 990,000 745,000 Retained earnings Total shareholders' equity 1,735,000