Total assets CARLA VISTA CORPORATION Balance Sheet (partial) June 30, 2021 Liabilities and shareholders' equity $11,230,000 Total liabilities $4,689,000 Shareholders' equity Common shares, unlimited number authorized, 359,000 issued 1,795,000 Retained earnings 4,746,000 Total shareholders' equity 6,541,000 Total liabilities and shareholders' equity $11,230,000 The market price of the common shares is currently $18 per share. Carla Vista wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: 1. Payment of a $1.56 per share cash dividend 2. Distribution of a 4% stock dividend 3. A 3-for-1 stock split Your answer is incorrect. Assume a Carla Vista shareholder currently owns 900 common shares at a cost of $14,400. What is the impact of each alternative for the shareholder, assuming that the shares' market price changes proportionately with the alternative? (Round intermediate per share calculations to 4 decimal places, e.g. 15.1387 and final answers to O decimal places, e.g. 5,275.) 1. Cash dividend $ 2. Stock Dividend A 3. Stock Split $ Shares' market price 16.44 17.3076 6