(Stock dividends and stock splits) Bailey Corporation has the following stockholders' equity account balances. The corporation will triple the number of shares currently outstanding (to 60,000 shares) by taking one of the following separate actions. 1. Issue a 200% stock dividend (40,000 additional shares) and capitalize retained earnings on the basis of par value. 2. Issue a stock split (3-for-1 stock split; where three new shares are issued for each old share) by changing par value per share proportionately. Required a. Provide the journal entry that should be made for each alternative action. b. Complete the following schedule that compares the effects of the two alternative actions