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On July 1, Davidson Corporation had the following capital structure: Common stock (33 par value) Additional paid-in capital Retained earnings Treasury stock $ 672,000 1,848,899

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On July 1, Davidson Corporation had the following capital structure: Common stock (33 par value) Additional paid-in capital Retained earnings Treasury stock $ 672,000 1,848,899 760,089 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 40 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 (e. a 20 percent increase in the number of shares). The market price prior to the split was $5 per share. Items After Stock Dividend After Stock .Split Common stock account Par value per share Shares outstanding Additional paid-in capital Retained earnings Total stockholders' equity Before Dividend and Split $ 672,000 $ 3.00 224.000 5 1,040.000 S 760.000 $ 2.472.000

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