Sunland Inc. is considering one of three options: (1) paying a $0.68 cash dividend, (2) distributing a 4% stock dividend, or (3) effecting a 4-for-1 stock split. The current fair value is $14 per share.

Help Sunland decide what to do by completing the following chart (treat each possibility independently):

		Before Action		After Cash Dividend		After Stock Dividend		After Stock Split
Total assets		$1,855,000		$		$		$
Total liabilities		$81,000		$		$		$
Common shares		990,000
Retained earnings		784,000
Total shareholders equity		1,774,000
Total liabilities and shareholders equity		$1,855,000		$		$		$
Number of common shares		55,000