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:

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 0 After 2-for-1 Before Dividend Stock Split Common stock, $1 par value $ 1,100 56,000 57,100 23,550 $80,650 1,100 $1.00 $124 Additional paid-in capital Total paid-in capital Retained earnings lotal stockholders' equity 0 Shares outstanding Par value per share Share price