On October 31, the stockholders' equity section of Sheridan Company's balance sheet consists of common stock $688,000 and etained earnings $396,000. Sheridan is considering the following two courses of action: (1) declaring a 7% stock dividend on the 86,000,$8 par value shares outstanding or (2) effecting a 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 company's stockholders' equity and outstanding shares