Check my work E11-23 (Algo) Comparing Stock Dividends and Stock Splits LO11-6 On July 1, Davidson Corporation had the following capital structure: Common stock $4 par value) Additional paid-in capital Retained earnings Treasury stock $ 780,000 910,000 840,000 Required: Complete the table below for each of the two following independent cases: ((Round "Par value per share" amounts to 2 decimal places.) Case 1: The board of directors declared and issued a 40 percent stock dividend when the stock was selling at $6 per share Case 2: The board of directors announced a 6-for-5 stock split (le, a 20 percent increase in the number of shares) The market price prior to the split was $6 per share, ces Before Dividend and Split After Stock Dividend After Stock Split $ 4.00 Items Common stock account Par value per share Sharos outstanding Additional pald-in capital Retained earnings Total stockholders equity $ $ 910,000 840,000