E11-14 Comparing 100 Percent Stock Dividend and 2-for-1 Split [LO 11-3]

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