On July 1, Davidson Corporation had the following capital structure: Common stock ( $4 par value) Additional paid-in capital Retained earnings Treasury stock $ 666,000 1,020,000 890,000 0 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 $6 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 $6 per share. Answer is complete but not entirely correct. Items Before After Dividend Stock and Split Dividend 666,000$ 932,400 4.00 4.00 $ After Stock Split 666,000 3.33 Common stock account $ $ 166,500 233,100 199,800 Par value per share Shares outstanding Additional paid-in capital Retained earnings Total stockholders' equity $ 1,020,000 $ 1,153,200 $ 1,020,000 $ 890,000 490,400 $ 890,000 $ 2,576,000$ 2,576,000$ 2,576,000