Detailed answer needed

LG 5 P14-10 Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $4 per share. Preferred stock Common stock (400,000 shares at $1 par) Paid-in capital in excess of par Retained earnings $ 100,000 400,000 200,000 320,000 $1.020,000 Total stockholders' equity a. Show the effects on the firm of a cash dividend of $0.01, s0.05, s0.10, and 50.20 per share b. Show the effects on the firm of a l %, 5%, 10%, and 20% stock dividend. c. Compare the effects in parts a and b. What are the significant differences be- tween the two methods of paying dividends