October 31, the stockholders? equity section of Heins Company consists of common stock $315,000 and retained earnings $893,000. Heins is considering the following two courses of action: (1) declaring a 6% stock dividend on the 31,500, $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 effects of the alternative actions on the components of stockholders? equity, outstanding shares, and par value per share.