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Crane Inc. is considering one of three options: (1) paying a $0.31 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 4

image text in transcribedimage text in transcribedimage text in transcribed Crane Inc. is considering one of three options: (1) paying a $0.31 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 4 for- 1 stock split. The current fair value is $15 per share. Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibility independently). (2) After Stock Dividend $ (3) After Stock Split $ $

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