Statement of Financial Position (partial) June 30,2018 The common shares are currently trading for $15 per share. Erickson wants to assess the impact of three possible alternatives on the corporation and its shareholders: 1. Payment of a $1 per share cash dividend 2. Distribution of a 5% stock dividend 3. A 2-for-1 stock split Instructions (a) Determine the impact of each alternative on (1) assets, (2) liabilities, (3) common shares, (4) retained earnings, (5) total shareholders' equity, and (6) the number of shares