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shares of stock to the holders of each share of common stock such that the holder of 1,000 shares of stock would receive an additional 55 shares of common to U HYPL Distributing Company decided to be a stock didendoshers. Special CFO proposed at the company 0056 a. If the firm had total net income for the year of $8.000.000 and had 23,000,000 shares of common stock outstanding before the stock divided what was the firm's coming persan? b. Aner paying the stock dividend, what was the firm's camins per share? e. If you owned 1,000 shares of stock before the stock dividend, how many dollars of earnings did the firm am from your 1.000 share Investment? Ahore to vidend was paid towany erd dollars of amings did the firm earn on your larger shareholdings? What offect would you expect from the payment of the stock dividend on your smart in the from sti nd clarat econd, and the board #: What or a. Before the stock dividend, what was the firm's earnings por share? $(Round to four decimal places) this b. After paying the stock dividend, what was the firm's eamings per share? $. (Round to four decimal places) th sid c. Which of the following statements regarding the effect of stock dividend on your $1.000 investment in the firm is true? (Select the best choice below) en c OA. The dollars of earnings the firm carns on your 1,000 share investment was $348 before the stock dividend and was $300 het indicating that you would be worse o tom a sad vidend OB. The dollars of carings the firm earns on your 1,000 share investment was $330 before the stock dividend and was $348 het, indicating that you would be better off from stock vided. OC. The dollars of earnings the firm came on your 1.000 are investment was $330 before the stock dividend and was 5330 har, indicating that the pain from a look diedays e og Musin the OD. The dollars of earnings the firm carns on your 1.000 are vestiment was $348 before the stock dividend and wat 5348 her, indicating that the gatronatok duidend is truly ret illusion sto date at C. The are the do date and