On July 1, Davidson Corporation had the following capital structure: Common stock ( $4 par value) Additional paid-in capital Retained earnings Treasury stock $ 780,000 910,000 840,000 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 (l.e., a 20 percent increase in the nutnber of shares). The market price prior to the split was $6 per share. Answer is complete but not entirely correct. Before After After Items Dividend Stock Stock and Split Dividend Split Common stock account $ 780,000 $ 1,092,000 5 1,092,000 Par value per share $ 4.00 4.00 $ 4.67 Shares outstanding 195,000 273,000 234,000 Additional paid in $ 910,000 $ 910,000 $ 910,000 capital Retained earnings $ 840,000 $ 528,000 $ 528,000 Total stockholders $ equity 2,530,000$ 2,530,000 $2,530,000