On October 31, the stockholders' equity section of Blossom Company's balance sheet consists of common stock $640,000 and retained earnings $390,000. Blossom is considering the following two courses of action: (1) declaring a 5% stock dividend on the 80,000, \$8 par value shares outstanding or (2) effecting a 2-for-1 stock split that will reduce par value to $4 per share. The current market price is $13 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares