Problem 11-6A The condensed statement of financial position of Laporte Corporation reports the following amounts: LAPORTE CORPORATION Statement of Financial Position (partial) June 30, 2015 $16,034,000 Total assets Total liabilities Shareholders' equity $5,995,200 Common shares, unlimited number authorized, 408,200 issued $1,632,800 Retained earnings 8,406,000 10,038,800 $16,034,000 Total liabilities and shareholders' equity The common shares are currently trading for $28 per share. Laporte wants to assess the impact of three possible alternatives: 1. Payment of a $1.50 per share cash dividend 3. A 3-for-2 stock split Distribution of a 4% stock dividend