The condensed statement of financial position of Speedway Corporation reports the following amounts: SPEEDWAY CORPORATION Statement of Financial Position (partial) June 30, 2018 Total assets $15,705,000 $6,070,000 Total liabilities Shareholders' equity Common shares, unlimited number authorized, 375,000 issued $1,875,000 Retained earnings 7,760,000 Total liabilities and shareholders' equity 9,635,000 $15,705,000 The common shares are currently trading for $26 per share. Speedway wants to assess the impact of three possible alternatives: 1. Payment of a $1.40 per share cash dividend 2. Distribution of a 5% stock dividend 3. A 3-for-2 stock split Stock Split (a) Determine the impact of the above alternatives on the following. Cash Dividend Stock Dividend (1) Assets (2) Liabilities (3) Common shares (4) (5) (6) Retained earnings Total shareholders' equity Number of shares