Wascana Corporation is considering one of the following three options: 1. Paying a $0.50 cash dividend 2. Distributing a 10% stock dividend 3. Effecting a 3-for-1 stock split. The current fair value is $5 per share. Instructions: Indicate the balance for each of the following financial statement elements after adopting each proposal: Before (1) After Cash (2) After Stock (3) After Stock Action Dividend Dividend Split Total assets $1,800,000 Total liabilities $ 75,000 Common shares $1,200,000 Retained earnings $ 500,000 $1,700,000 Total shareholders' equity $1,775,000 Total liabilities and shareholders' equity 50,000 Number of common shares