On October 31, the stockholders' equity section of Pharoah Company consists of common stock $275.000 and retained earnings $885,000. Pharoah is considering the following two courses of action: (1) declaring a 4% stock dividend on the 27.500,$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 $14 per share. Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value pershare