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

Common stock ( $1 par value)	$	600,000
Additional paid-in capital		900,000
Retained earnings		700,000
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 $12 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 $12 per share.

Items	Before Dividend and Split	After Stock Dividend	After Stock Split
Common stock account
Par value per share	$1.00	$1.00	$1.00
Shares outstanding
Additional paid-in capital	$900,000
Retained earnings	$700,000
Total stockholders equity