(Stock splits) The debt and equity section of the Robson Corporation balance sheet is shown here: . The current market price of the common shares is $16. Reconstruct the financial statement assuming that (a) a 10 percent stock dividend is issued and (b) a 2-for-1 stock split is declared. a. Reconstruct the financial statement assuming that a 10 percent stock dividend is issued. Debt (Round to the nearest dollar.) Common equity Par ($1.6; 110,000 shares) Paid-in capital Retained earnings (Round to the nearest dollar.) (Round to the nearest dollar.) (Round to the nearest dollar.) $3,260,000 b. Reconstruct the financial statement assuming that a 2-for-1 stock split is declared. Debt $ (Round to the nearest dollar.) Common equity Par ($0.8; 200,000 shares) Paid-in capital Retained earnings (Round to the nearest dollar.) (Round to the nearest dollar.) (Round to the nearest dollar.) $3,260,000 (Click on the following icon in order to copy its contents into a spreadsheet.) $2,000,000 Debt Common equity Par ($1.6; 100,000 shares) Paid-in capital Retained earnings 160,000 300,000 800,000 $3,260,000