On October 31, Lynch Corporation's liabilities totalled $180,000. Its shareholders' equity consisted of 82,000 common shares issued, $820,000 and retained earnings, $250,000. Lynch is considering the following three courses of action: (1) paying a $0.75 cash dividend, (2) declaring a 13% stock dividend, or (3) effecting a 3-for-1 stock split. The current market price is $14 per share. Complete the following tabular summary of the effects of the alternative actions on Lynch's shareholders' equity and number of shares. (1) (2) After Stock Dividend (3) After Stock Split Before Action After Cash Dividend Total assets $1,250,000 Total liabilities $180,000 Common shares 820,000 Retained earnings 250,000 Total shareholders' equity 1,070,000 Total liabilities and shareholders' equity $1,250,000 Number of common shares 82,000 Click if you would like to Show Work for this question: Open Show Work