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Sheridan Inc. is considering one of three options: ( 1 ) paying a $ 0 . 4 0 cash dividend, ( 2 ) distributing a

Sheridan Inc. is considering one of three options: (1) paying a $0.40 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current fair value is $15 per share.
Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibility independently).
\table[[,\table[[Before],[Action]],(1) After Cash Dividend,,ividend,(3)1],[Total assets,$1,934,000,$,$,1934000,$
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