Required information [The following information applies to the questions displayed below.] The following information was extracted from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed: Net income for the year was $30,000. The stock price is currently $22.29 per share. a. Compute the dividend yield ratio. (Enter your answer as a percentage rounded to 2 decimal places (i.e. 0.1234 should be htered as 12.34).) On February 1, the board of directors declared a 60 percent stock dividend to be issued April 30 . The market value of the stock on February 1 was $15 per share. The market value of the stock on April 30 was $18 per share. Required: 1. For comparative purposes, prepare the Stockhoiders' Equity section of the balance sheet immediately before the stock dividend and immediately after the stock dividend