The condensed balance sheet of Blossom Corporation reports the following: $12,730,000 $4,624,000 BLOSSOM CORPORATION Balance Sheet (partial) June 30, 2021 Total assets Liabilities and shareholders' equity Total liabilities Shareholders' equity Common shares, unlimited number authorized 378,000 issued Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 2,268,000 5,838,000 8,106,000 $12,730,000 The market price of the common shares is currently $24 per share. Blossom wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: 1. 2. Payment of a $1.49 per share cash dividend Distribution of a 4% stock dividend A 3-for-1 stock split a 3. (a) For each alternative, determine the impact on (1) assets, (2) liabilities, (3) common shares, (4) retained earnings, (5) total shareholders' equity, and (6) the number of shares. Cash Dividend Stock Dividend (1) Assets $ $ (2) Liabilities $ $ ( (3) Common shares $ V $ (4) Retained earnings $ $ $ > $ 1 $