:You have been given the following balance sheet Babic Company Balance Sheet December 31, 2018 32,000 $ 11,000 109,000 146,000 298,000 $ Assets Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets 910,000 $ $1,070,000 (326,000) Tangible Assets Land Equipment Less: Accumulated Depreciation Total Assets 744,000 1, 654,000 $1,952,000 $ 83,000 22,000 Liabilities and Stockholders' Equity. Current Liabilities Accounts Payable Accrued Liabilities Total Current Liabilities 105,000 $ Long term Liabilities 678,000 1.650.000 $1.952.000 241.600 (326.000) Les Accumulated Depreciation Total Assets S 83,000 22.000 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Acorded Liabilities Total Current Liabilities 105,000 s 678,000 Long term Liabilities Stockholders' Equity 100,000 s (Common Stock (Par value $ 10 141,000 Paid-In Capital in Excess of Par 952.000 Retained Earnings $1, 193,000 1.169.000 (24,000) Less: Treasury Stock $1,952,000 Total Liabilities and Stockholders' Equity Required At the end of year, the company decides to pay stock dividend. The market value is $15. The company asks you to explain the adjustment that should be done for the balance sheet in both following scenarios Explain the different types of dividends that can be distributed by the company-1 The company decides to issue 20% of stock dividends -2 . . A hp