Current Attempt in Progress On October 31, the stockholders' equity section of Concord Corporation's balance sheet consists of common stock $801,000 and retained earnings $927,000. Concord is considering the following two courses of action: (1) declaring a 4% stock dividend on the 80,100 $10 par value shares outstanding or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares Stockholders' equity Paid-in capital Retained earnings Total stockholders' equity $ Outstanding shares eTextbook and Media Before Action After Stock Dividend After Stock Split Attempts: 0 of 3 used Submit