The condensed balance sheet of Laporte Corporation reports the following amounts: LAPORTE CORPORATION Balance Sheet (Partial) June 30, 2010 Total assets $ 16,000,000 S 6,000,000 $ 2,000,000 Total liabilities Shareholder's Equity : Common Shares unlimited number authorized, 400,000 issued Retained earnings Total liabilities and shareholder's equity 8,000.000 $ 10,000.000 $ 16,000,000 The common shares are currently trading at $ 30 per share. Laporte wants to assess the impact of three possible alternatives on the corporation and its shareholders : 1. Payment of a S 1.50 per share cash dividend 2. Distribution of 5% stock dividend 3. A three-for-two stock split Required : Determine the impact of each alternative on (1) assets, (2) liabilities, (3) common shares, (4) retained earnings; (5) total shareholder's equity and (6) number of shares. (9 Marks)