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que On October 31, the stockholders' equity section of Cullumber Company's balance sheet consists of common stock $513,000 and retained earnings 5414,000. Cullumber is considering

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que On October 31, the stockholders' equity section of Cullumber Company's balance sheet consists of common stock $513,000 and retained earnings 5414,000. Cullumber is considering the following two courses of action Declaring a 6% stock dividend on the 85,500 $6 par value shares outstanding Effecting a 2-for-I stock split that will reduce par value to $3 per share (1) 12) Ques Acous View 6 Account Questi Account The current market price is $14 per share. Prepare a tabula summary of the effects of the alternative actions on the company's stockholders equity and outstanding stures. Cullumber Company's Balance Sheet Before Action Alter Stock Dividend After Stock Split Stockholders equity Paid in capital Questi Accou 5 $ Questio Account Retained earning Total stockholders equit Questio

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