I haven't been able to tackle the account naming and calculation procedure.

Can you help me please?

On October 31, the stockholders equity section of Heinz Company consists of common stock $500,000 and retained earning $900,000. Heinz is considering the following two course 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.

Prepare a tabular summary of the effect of the alternative actions on the components of stockholders equity, outstanding shares, and par value share.

Use the following column headings: Before Action, After Stock Dividend, and After Stock Split.