On July 1, Davidson Corporation had the following capital structure: Common stock ( $4 par value) Additional paid-in capital Retained earnings Treasury stock Required: $ 678,000 970,000 730,000 Complete the table below for each of the two following independent cases: Note: 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 $6 per share. Case 2: The board of directors announced a 6-for-5 stock split. The market price prior to the split was $6 per share. Before Dividend and Split After Stock Dividend After Stock Split Items Common stock account Par value per share $ 4.00 Shares outstanding Additional paid-in capital $ 970,000 Retained earnings $ 730,000 Total stockholders' equity < Prev 3 of 5 Next >