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Sipacore Inc. is considering one of the three following courses of action: (1) paying a $0.5 cash dividend, (2) distributing a 4% stock dividend, or

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Sipacore Inc. is considering one of the three following courses of action: (1) paying a $0.5 cash dividend, (2) distributing a 4% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $15 per share. Help Sipacore make its decision by completing the following chart (treat each possibility independently): Before Action After Cash Dividend After Stock Dividend Total assets $1,220,000 $ $ $ $253,000 Total liabilities $ $ 6 Shareholders' equity Common shares 551,000 Retained earnings 416.000 Total shareholders' equity 967,000 $ $ $1,220,000 Total liabilities and shareholders' equity Number of common shares 100,000 Sipacore Inc. is considering one of the three following courses of action: (1) paying a $0.5 cash dividend. (2) distributing a 4% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $15 per share. Help Sipacore make its decision by completing the following chart (treat each possibility independently): Before Action After Cash Dividend After Stock Dividend After Stock Split $1.220,000 $253,000 $ $ $ $ 551,000 416,000 ty 967,000 $ holders' equity $1,220,000 100,000

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