P11-11 (Static) Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6 ,11-9 5 On January 1, Biofuel Corporation had the following capital structure: $ Common stock ($0.10 par value) Additional paid-in capital Retained earnings Treasury stock Cash flows from financing activities 60,000 1,900,000 888,888 19,000 Book Print erences Required: Complete the table below for each of the three following independent cases: Case 1: The board of directors declared a cash dividend of $0.02 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $10 per share. Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $10 per share. Items Before Any Dividends $ 60,000 After Cash Dividend After Stock Dividend After Stock Split S 0.10 Common stock account Par per share Shares outstanding Additional paid-in captial Retained earnings Total stockholder's equity Cash flows from financing acitivities $ 1,900,000 S 800,000 $ 19,000