On October 31, the stockholders' equity section of Heins Company consists of common stock $295,000and retained earnings $889,000. Heins is considering the following two courses of action: (1) declaring a7% stock dividend on the29,500, $10par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5per share. The current market price is $14per share.

make atabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share