P11-11 Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits L011-4, 11-6 ,11-8 On January 1, Biofuel Corporation had the following capital structure Common stock ($0.20 par value) Additional paid-in capital Retained eamings Treasury stock Cash flows from financing activities $79,000 2,090,000 990,000 28,500 Required Complete the table below for each of the three following independent cases Case 1: The board of directors declared a cash dividend of $0.01 per share Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $12 per share Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $29 per share Before any Dividend After Cash Dividend After Stock Split Items After Stock Dividend 79,000$ 79,000$ 0.2 $ 395,000 158,000 $ 79,000 Common stock account Par per share Shares outstanding Additional paid-in captial Retained eanings Total stockholder's equity Cash flows from financing 0.10 0.20 395,000 0.20 $ 790,000 790,000 6,751,000 $ 2,090,000 (3,750,000) $ 990,000 3,159,000$ 3,159,000 2,090,000 2,090,000$ 986,050 $ 990,000 $ 3,159,000 $ 3,155,050 28,500$ 24,550$ 28,500 $ 28,500 . acitivities