W Just prior to the end of the fiscal year, Biofuel Corporation reported the following information: Common stock ($0.20 par value) Additional paid-in capital Retained earnings Treasury stock Cash flows from financing activities Required: $ 79,000 2,090,000 990,000 0 28,500 Complete the table below for each of the three following independent cases: Note: Round "Par per share" answers to 2 decimal places. share. Case 1: The board of directors declared a cash dividend of $0.01 per Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $12 per share. Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $29 per share. > Answer is not complete. Before Any After Cash Items Dividends Dividend After Stock Dividend After Stock Split Common stock account $ 79,000 $ 79,000 $ Par value per share $ 0.2 $ Shares outstanding Additional paid-in capital Retained earnings $ 395,000 $ 2,090,000 990,000 0.20 $ 395,000 158,000 0.20 $ 79,000 $ 0.10 $ $ 2,090,000 911,000 $ 790,000 $ 2,090,000 $ 2,090,000 $ 911,000 990,000 790,000 Total stockholders' equity Cash flows from financing activities $ 28,500 $ 1,270 $ 28,500 $ 28,500 < Lev 3 of 3 Next