Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $3.02 per share. Preferred stock Common stock (100,000 shares at $0.98 par) Paid-in capital excess of par Retained earnings Total stockholders' equity 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 1% stock dividend. c. Compare the effects in parts a and b. What are the significant differences between the two methods of paying dividends? $ 92,000 98,000 187,000 340,000 $717,000