E14-4 On October 31, the stockholders equity section of Heins Company consists of common stock $500,000 and retained earnings $900,000. Heins is considering the following two courses of action: (1) declaring a 5% stock dividend on the 50,000, $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 $14 per share. Instructions: 1) journalize stock dividend and stock split; 2) prepare a before and after stock dividend schedule; 3) prepare a before and after stock split schedule