Total assets CRANE CORPORATION Balance Sheet (partial) June 30, 2024 Liabilities and shareholders' equity $11,650,000 Total liabilities $4,251,000 Shareholders' equity Common shares, unlimited number authorized, 387,000 issued 2,322,000 Retained earnings 5,077,000 Total shareholders' equity 7.399,000 Total liabilities and shareholders' equity $11,650,000 The market price of the common shares is currently $30 per share. Crane wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: 1. Payment of a $1.50 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. sh Dividend 387000 Decreased No Effect 3 $ Stock Dividend 3-for-1 Stock Split No Effect $ 0 No Effect No Effect 0 No Effect No Effect $ 464400 Increased $ No Effect 580500 Decreased $ 464400 Decreased $ 0 No Effect 580500 Decreased No Effect 1 No Effect 15480 Increased: LA 0 No Effect 774000 Increased