Required information [The following information applies to the questions displayed below.) Sammy's Sportshops has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share. The CFO thinks the company should consider either a 100% stock dividend or a 2- for-1 stock split Required: 1. Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders equity accounts, shares outstanding, par value, and share price (Round "Par value per share" to 2 decimal places.) Answer is complete but not entirely correct. After After 2 100% for-1 Before Stock Stock Dividend Split Common stock, S1 par value $ 1,100 $ 2,200 $ 1,100 Additional paid-in capital 53,000 43,000 43,000 X Total paid-in capital 54,100 45,200 44,100 Retained earnings +23,250 21,150X 22,250 X $ Total stockholders' equity 66,350 $ 66,350 77,350 Sharos outstanding 1,100 2,200 2,200 Par value per share $ 1.00 $ 1.00 $ 50.00 X Share price s 118 49X $ 49 X 6 Required information (The following information applies to the questions displayed below.) Sammy's Sportshops has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share. The CFO thinks the company should consider either a 100% stock dividend or a 2- for-1 stock split 2. The primary reason companies declare a large stock dividend or a stock split is to lower the trading price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors. True or False True False