On July 1, Davidson Corporation had the following capital structure: 774,000 Common stock ( $5 par value) $ 1,010,000 Additional paid-in capital 880,000 Retained earnings Treasury stock 0 Required: Complete the table below for each of the two following 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 $7 per share. Case 2: The board of directors announced a 6-for-5 stock split (i.e., a 20 percent increase in the number of shares). The market price prior to the split was $7 per share. Items Common stock account After Stock After Stock Dividend Split $ 774,000 $ 5.00 $ 4.17 Par value per share Shares outstanding Additional paid-in capital Retained earnings Total stockholders' equity Before Dividend and Split $ 774,000 $ 5.00 154,800 $ 1,010,000 $ 880,000 $ 2,664,000