Question 3: Wascana Corporation is considering one of the following three options: 1. Paying a $0.50 cash dividend 2. Distributing a 10% stock dividend 3. Effecting a 3-for-1 stock split. The current fair value is $5 per share. Instructions: Indicate the balance for each of the following financial statement elements after adopting each proposal: Before (1) After Cash (2) After Stock (3) After Stock Action Dividend Dividend Split Total assets $1,800,000 Total liabilities $ 75,000 Common shares $1,200,000 $ 500,000 Retained parnings ang 2022 ONLINE.doc 4/2 1001 + Common shares $1,200,000 Retained earnings $ 500.000 $1,700,000 Total shareholders' equity Total liabilities and shareholders equity $1,775,000 50,000 Number of common shares NOTE: You may recreate the table in your response, or in the table as it is shown above, or use an alternate format to present your answer to this question Round amounts to the nearest dollar. Show ALL calculations for full marks