ES Z Problem 14-1A The condensed balance sheet of Gullumber Corporation reports the following: CULLUMBER CORPORATION Balance Sheet (partial) June 30, 2017 Total assets $12,960,000 Liabilities and shareholders' equity Total liabilities $3,746,000 Shareholders' equity Common shares, unlimited number authorized. 392.000 issued 1,568,000 Retained earnings 7,646,000 Total shareholders' equity 9,214,000 Total liabilities and shareholders' equity $12.960,000 dy The market price of the common shares is currently $24 per share. Cullumber wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alte 1. Payment of a $1.40 per share cash dividend 2. Distribution of a 6% stock dividend 3. A 4-for-2 stock split For each alternative, determine the impact on (1) assets. (2) liabilities, (3) common shares (4) retained earnings, (5) total shareholders' equity, and (6) the number of shares. Cash Dividend Stock Dividend 4-for-2 Stock Split (1) Assets Privas. Bolle 2000-200 John Wile Alght Reserved. A Dion of shows Assignment RCES 17 1. Payment of a $1.40 per share cash dividend 2. Distribution of a 6% stock dividend 3. A 4-for-2 stock split For each alternative, determine the impact on (1) assets. (2) liabilities. (3) Common shares. (4) retained earnings (5) total shareholders' equity, and the number of shares Cash Dividend Stock Dividend 4-for-2 Stock Split Eudy (1) Assets (2) Liabilities (3) Common shares S (4) Retained earnings $ Open Assignat (3) Con ASCHENT RESOLHOS das 13.14. and Z How den 13 14-18 Redang + $ (5) Toalhas quity Open Assignat (3) Con ASCHENT RESOLHOS das 13.14. and Z How den 13 14-18 Redang + $ (5) Toalhas quity