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Comparing Cash Dividends and Stock Dividends Weili Corporation has 80,000 shares of common stock outstanding with a par value of $8. E11-24 LO11-4, 11-6, 11-9

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Comparing Cash Dividends and Stock Dividends Weili Corporation has 80,000 shares of common stock outstanding with a par value of $8. E11-24 LO11-4, 11-6, 11-9 Required: 1. Complete the table below for each of the two following independent cases: Case 1: The board of directors declared and issued a 40 percent stock dividend when the stock was selle ing at $25 per share. Case 2: The board of directors declared and paid a cash dividend of $2 per share. CHAPTER 11 Reporting and interpreting Stockholders' Equity After Cash Dividend Before Dividend After Stock Dividend liems $8 Common stock account Par value per share Shares outstanding Additional paid.in capital Retained earnings Total stockholders' equity $280,000 $2.100.000 2. Explain how Case I and Case 2 will be reported on the statement of cash flows

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