On October 31, the stockholders' equity section of Carla Vista Company consists of common stock $345,000 and retained earnings $899,000. Carla Vista is considering the following two courses of action: (1) declaring a 6% stock dividend on the 34,500, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $15 per share. Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share After After Before Stock Stock Action Dividend Split Stockholders' equity Paid-in capital Common stock $ In excess of par Total paid-in capital Retained earnings Total stockholders' equity $ $ Outstanding shares Par value per share