Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $2.69 per share. a. Show the effects on the firm of a cash dividend of $0.01 per share. b. Show the effects on the firm of a 15% stock dividend. c. Compare the effects in parts a and b. What are the significant differences between the two methods of paying dividends? a. The balance in preferred stock after the $0.01 cash dividend is $ (Round to the nearest dollar.)