E$11-14($Algo$)$ Comparing $100$ Percent Stock Dividend and $2-$for$-1$ Split $[$LO $11-3]$

On July $1,$ Jones Corporation had the following capital structure:

Common Stock, par $$1$;$8,000,000$ authorized shares, $135,000$ issued and outstanding $.$ $$135,000$

Additional Paid$-$in Capital

Retained Earnings

$97,000$

Treasury Stock

$177,000$

None

Required:

Complete the following table based on two independent cases involving stock transactions: $($Round "per share" answers to $2$ decimal places.$)$

Case $1$: The board of directors declared and issued a $100$ percent stock dividend when the stock price was $$7$ per share.

Case $2$: The board of directors voted a $2-$for$-1$ stock split. The stock price prior to the split was $$7$ per share.

$\backslash$table$[[,,,$Case $1,$Case $2],[$Items$,,\backslash$table$[[$e Stock$],[$sactions$]],\backslash$table$[[$After $100\%$