On October 31, the stockholders' equity section of Carla Vista Co.'s balance sheet consists of common stock $396,000 and retained earnings $409,000. Carla Vista is considering the following two courses of action: (1) (2) Declaring a 5% stock dividend on the 99,000 $4 par value shares outstanding Effecting a 2-for-1 stock split that will reduce par value to $2 per share. The current market price is $18 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares. Carla Vista Co.'s Balance Sheet After Stock Dividend Before Action After Stock Split Stockholders' equity Paid-in capital $ 396000 $ $ 396000 earnings Total stockholders' equity $ $ $ Outstanding shares 99000 103950 198000