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On July 1, Davidson Corporation had the following capital structure Common stock ($4 par value) Additional paid-in capital Retained earnings Treasury stock S 678,000 1,090,000

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On July 1, Davidson Corporation had the following capital structure Common stock ($4 par value) Additional paid-in capital Retained earnings Treasury stock S 678,000 1,090,000 810,000 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 60 percent stock dividend when the stock was selling at $6 per share Case 2: The board of directors announced a 6-for-5 stock split (ie., a 20 percent increase in the number of shares). The market price prior to the split was $6 per share fore Dividen and S fter Stock Dividend After Stock Items Common stock account Par value per share Shares outstanding Additional paid-in capitalS Retained earnings Total stockholders' equity 4.00 810,000

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