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Oriole Inc. is considering one of three options: (1) paying a $0.69 cash dividend, (2) distributing a 7% stock dividend, or (3) effecting a 3-for-1

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Oriole Inc. is considering one of three options: (1) paying a $0.69 cash dividend, (2) distributing a 7% stock dividend, or (3) effecting a 3-for-1 stock split. The current fair value is $16 per share. After Stock Split Help Oriole decide what to do by completing the following chart (treat each possibility independently): Before Action After Cash Dividend After Stock Dividend $ $1,911,000 Total assets $ $ Total $ $84,000 $ liabilities Common 1,364,000 shares Retained 463.000 earnings Total shareholders 1.827,000 equity Total liabilities and $1.911,000 $ $ shareholders equity Number of 62,000 common shares

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