The condensed statement of financial position of Pukalani Corporation reports the following amounts: PUKALANI CORPORATION Statement of Financial Position (partial) June 30, 2021 Total assets $19,200,000 Total liabilities $7,200,000 Shareholders' equity $2,400,000 Common shares, unlimited number authorized, 480,000 issued Retained earnings Total liabilities and shareholders' equity 9,600,000 12,000,000 $19,200,000 The common shares are currently trading for $30 per share. Pukalani wants to assess the impact of three possible alternatives: 1. Payment of a $1.5 per share cash dividend The common shares are currently trading for $30 per share. Pukalani wants to assess the impact of three possible alternatives: 1. 2. Payment of a $1.5 per share cash dividend Distribution of a 5% stock dividend A 3-for-2 stock split 3. (a) Determine the impact of the above alternatives on the following. Cash Dividend Stock Dividend Stock Split (1) Assets (2) Liabilities (3) Common shares (4) Retained earnings (a) Determine the impact of the above alternatives on the following. Cash Dividend Stock Dividend Stock Split (1) Assets (2) Liabilities > (3) Common shares >