Sheridan Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 4% dividend, or (3) effecting a 2-for-1 stock split. The current share price is $14 per share. Help Sheridan make its decision by completing the following table (treat each possibility independently). Total assets Total liabilities Stockholders' equity Common stock Retained earnings (1) (2) Before Action After Cash Dividend After Stock Dividend (3) After Stock Split $1,380,000 $ $ $ $530,000 $ 600,000 250,000 850,000 $ Total stockholders' equity Total liabilities and stockholders' equity $1,380,000 $ $ Number of common shares 120,000 $