Stock dividend versus stock splitFirm The board of Wicker Home Health Care, Inc., is exploring ways to expand the number of shares outstanding in an effort to reduce the market price per share to a level that the firm considers more appealing Investors. The options under consideration are a 20% stock dividend and, alternatively, a 5-for-4 stock split. At the present time, the firm's equity account and other per-share Information are given as follows: a. Show the effect on the equity accounts and per-share data of a 20% stock dividend. The number of shares of common stock after the dividend is shares. (Round to the nearest whole number.) The balance in the common stock account after the dividend is $ (Round to the nearest dollar.) The balance in the paid-in capital in excess of par account after the dividend is $. (Round to the nearest dollar.) The balance in the retained earnings account after the dividend is $. (Round to the nearest dollar.) The price per share of common stock after the dividend is $. (Round to the nearest cent.) The earnings per share (EPS) after the dividend is $ - (Round to the nearest cent.) b. Show the effect on the equity accounts and per-share data of a 5-for-4 stock split. The number of shares of common stock after the split is shares. (Round to the nearest whole number.) The balance in the common stock account after the split is $(Round to the nearest dollar.) The balance in the paid-in capital in excess of par account after the split is $. (Round to the nearest dollar.) The balance in the retained earnings account after the split is $ - (Round to the nearest dollar.) The price per share of common stock after the split is $- (Round to the nearest cent.) The eamings per share (EPS) after the split is $. (Round to the nearest cent.) - Data table 0 Preferred Stock Common Stock (100,000 shares at $1 par) Paid-in capital in excess of par Retained Earnings Total Stockholders' equity 100,000 900,000 700,000 $1,700,000 Price per share Earnings per share Dividend per share $30 $3.60 $1.08