The common stock of Warner Inc. is currently selling at $110 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is $10; book value is $70 per share. Five million shares are issued and outstanding. Prepare the necessary journal entries assuming the following. (a)The board votes a 2-for-1 stock split. (b)The board votes a 100% stock dividend. (c)Briefly discuss the accounting and securities market differences between these two methods of increasing the number of shares outstanding