On July 1 , 2004, Jones Corporation had the following capital structure:

Required:
Complete the following comparative tabulation based on two independent cases:
Case 1: The board of directors declared and issued a 10 percent stock dividend when the stock was selling at $4 per share.
Case 2: The board of directors voted a 6-to-5 stock split (i.e.. a 20 percent increase in the number of shares). The market price prior to the split was $4 per share.

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Common stock (par $1, authorized shares) Common stock (par $1, unissued shares) Capital in excess of par Retained earnings Treasury stock, none $200,000 50,000 88,000 72,000