Please answer all parts, thank you in advance! :)

Score: 0 of 1 pt 1 7 of 8 (0 complete) HW Score: 0%, 0 of 8 pts P14-10 (similar to) Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $3.78 per share. Preferred stock Common stock (300,000 shares at $0.98 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 94,000 294.000 206,000 340.000 $934.000 a. Show the effects on the firm of a cash dividend of $0.15 per share b. Show the effects on the firm of a 5% stock dividend. c. Compare the effects in parts a and b. What are the significant differences between the two methods of paying dividends? a. The balance in preferred stock after the $0.15 cash dividend is $(Round to the nearest dollar.)