Sammys 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 information Problem 10-3A Indicate effect of stock dividends and stock splits (L010-6) [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 $100O per share. The CFO thinks the company should consider either a 100% stock dividend or a 2-for-1 stock split. Problem 10-3A Part 1 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.) After 100% Stock Dividend After 2-for-1 Stock Split Before Common stock, $1 par value 1,000 Additional paid-in capital 58,000 Total paid-in capital Retained earnings 59,000 23,750 82,750 Total stockholders' equity Shares outstanding Par value per share 1,000 $ 1.00 Share price 128