Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $3.72 per share. Preferred stock Common stock (300,000 shares at $0.95 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 92,000 285,000 200,000 360,000 $937,000 a. Show the effects on the firm of a cash dividend of $0.10 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 $0.10 cash dividend is $ (Round to the nearest dollar.) Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $3.72 per share. Preferred stock Common stock (300,000 shares at $0.95 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 92,000 285,000 200,000 360,000 $937,000 a. Show the effects on the firm of a cash dividend of $0.10 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 $0.10 cash dividend is $ (Round to the nearest dollar.)