On October 31, the stockholders equity section of Kingbird, Inc.s balance sheet consists of common stock $814,000 and retained earnings $926,000. Kingbird is considering the following two courses of action: (1) declaring a 7% stock dividend on the 81,400 $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 $14 per share. Prepare a tabular summary of the effects of the alternative actions on the companys stockholders equity and outstanding shares.