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On July 1, Davidson Corporation had the following capital structure: Common stock ( $3 par value) $ 684,000 Additional paid-in capital 1,030,000 Retained earnings 830,000

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

Common stock ( $3 par value) $ 684,000
Additional paid-in capital 1,030,000
Retained earnings 830,000
Treasury stock 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 30 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 (i.e., a 20 percent increase in the number of shares). The market price prior to the split was $5 per share.

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