On October 31, the stockholders equity section of Pele Companys balance sheet consists of common stock 648000 and retained earnings 400000. Pele is considering the following courses of actions: a) declaring 1:20 stock dividend on 81000 8 par value shares outstanding, or, b) effecting 2 for 1 stock split that will reduce par value to 4 per share. The current market price is 17 per share. Prepare a tabular summary of the effects of the alternative actions on the companys stockholders equity and outstanding shares. Use these column headings: After the Stock Dividend and After the Stock Split.