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Cullumber inc is considering one of three options: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 4-for-1

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Cullumber inc is considering one of three options: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 4-for-1 stock split. The current fair value is $14 per share Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibilicy independently). Question 1 of 6 \begin{tabular}{|c|c|} \hline Total assets & $1,865,000 \\ \hline Total liabilities & $71.000 \\ \hline Commonshares & 1,240000 \\ \hline Retained earnings & 554,000 \\ \hline Total shareholders' equity & 1.794 .000 \\ \hline Total liabilities and shareholders' equity & $1.865,000 \\ \hline Number of common shares & 62,000 \\ \hline \end{tabular} ./16 \begin{tabular}{|c|c|} \hline s & 5 \\ \hlines & s \\ \hline & \\ \hline & \\ \hline & \\ \hline \& & s \\ \hline & \\ \hline \end{tabular} eTextbook and Media Sive for Later Attempts: 0 of 2 used Sobrit

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