The condensed balance sheet of Sunland Corporation reports the following: The market price of the common shares is currently $18 per share. Sunland wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: 1. Payment of a $1.62 per share cash dividend 2. Distribution of a 4% stock dividend 3. A 3-for-1 stock split For each alternative, determine the impact on (1) assets, (2) liabilities, (3) common shares, (4) retained earnings, (5) total shareholders' equity, and (6) number of shares. Cash Dividend Stock Dividend Assets Liabilities No Effect Common No Effect shares Retained earnings Total shareholders' $ equity Number of No Effect shares vidend Stock Dividend 3-for-1 Stock Split $ NoEffect No Effect No Effect \$ NoEffect $ No Effect No Effect $ $ No Effect $ $ No Effect $