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Complete the following table based on three independent cases: Case 1: The board of directors declares and pays a $6 cash dividend. Case 2: The

Complete the following table based on three independent cases:

Case 1: The board of directors declares and pays a $6 cash dividend.
Case 2: The board of directors declared and issued a 50% stock dividend.
Case 3: The board of directors voted a 4-for-1 stock split.

Assume the market price of the stock is $19 per share.

Case 1 Case 2 Case 3
Items Before Stock Transactions After $6 Per Share Cash Dividend After 50% Stock Dividend After 4-for-1 Stock Split
Number of shares outstanding 10,000
Par value per share $10.00
Common stock account
Additional paid-in capital 140,000
Retained earnigs 270,000
Total stockholders' equity

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