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The condensed balance sheet of Sheridan Corporation reports the following SHERIDAN CORPORATION Balance Sheet (partial) June 30, 2021 Total assets Liabilities and shareholders' equity

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The condensed balance sheet of Sheridan Corporation reports the following SHERIDAN CORPORATION Balance Sheet (partial) June 30, 2021 Total assets Liabilities and shareholders' equity Total liabilities Shareholders' equity $12.050.000 $4.533.000 Common shares, unlimited number authorized. 439.000 issued Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 2.195,000 5,322,000 7.517,000 $12,050,000 The market price of the common shares is currently $30 per share. Sheridan wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: ustafa $1.24.per share cash dividend

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