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On July 1, Davidson Corporation had the following capital structure: Common stock ( $3 par value) Additional paid-in capital Retained earnings Treasury stock $ 732,000

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On July 1, Davidson Corporation had the following capital structure: Common stock ( $3 par value) Additional paid-in capital Retained earnings Treasury stock $ 732,000 1,080, eee 830,000 B Required: Complete the table below for each of the two following Independent cases: ((Round "Par value per share" amounts to 2 decimal places.) Case 1: The board of directors declared and issued a 60 percent stock dividend when the stock was selling at $5 per share. Case 2: The board of directors announced a 6-for-5 stock split (1.e., a 20 percent Increase in the number of shares). The market price prior to the split was $5 per share. Items Before Dividend and Split After Stock Dividend After Stock Split $ 3.00 Common stock account Par value per share Shares outstanding Additional paid-in capital Retained earnings Total stockholders' equity S 1,080.000 830.000 $

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