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

Common stock ( $3 par value) $ 714,000

Additional paid-in capital 1,090,000

Retained earnings 790,000

Treasury stock 0

Required: Complete the table below for each of the two following independent cases: (Round "Par value per share" answers 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 (i.e., a 20 percent increase in the number of shares). The market price prior to the split was $5 per share.

Items	Before Dividend and split	After Stock Dividend	After Stock Split
Common stock account	$
Par value per share	$ 3.00
shares outstanding
additional paid-in capital	$ 1,090,000
retained earnings	$ 790,000
total stockholders' equity