On July 1, 2014, Davidson Corporation had the following capital structure:

Common stock (par $2)	$	696,000
Capital in excess of par		1,040,000
Retained earnings		770,000
Treasury stock		0

Required:

Complete the following comparative tabulation based on two independent cases: (Round "Par value per share" answers to 2 decimal places.)

Case 1:	The board of directors declared and issued a 50 percent stock dividend when the stock was selling at $4 per share.
Case 2:	The board of directors voted a 6-to-5 stock split (i.e., a 20 percent increase in the number of shares). The market price prior to the split was $4 per share.

On July 1, 2014, Davidson Corporation had the following capital structure: Common stock (par $2) 696,000 1,040,000 Capital in excess of par 770,000 Retained earnings Treasury stock Required: Complete the following comparative tabulation based on two independent cases: (Round "Par value per share" answers to 2 decimal places.) Case 1 The board of directors declared and issued a 50 percent stock dividend when the stock was selling at $4 per share Case 2 The board of directors voted a 6-to-5 stock split (i.e., a 20 percent increase in the number of shares). The market price prior to the split was $4 per share. Before Dividend After Stock After Stock Items Dividend and Split Common stock account 696,000 1,044,000 696,000 2.00 2.00 Par value per share 1.67 417,600 348,000 Shares outstanding 522,000 Capital in excess of par G 1,040,000 1,040,000 1,040,000 74,000 770,000 Retained earnings 770,000 Total stockholders' equity 2,506,000 2506,000 2.506,000