20 On July 1, Davidson Corporation had the following capital structure Common stock ($3 par value)...

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20 On July 1, Davidson Corporation had the following capital structure Common stock ($3 par value) Additional paid-in capital Retained earnings Treasury stock Required: $690,000 1,030,000 890,000 Complete the table below for each of the two following independent cases Note: Round "Par value per share" amounts to 2 decimal places. Case 1: The board of directors declared and issued a 50 percent stock dividend when the stock was selling at $5 per share Case 2. The board of directors announced a 6-for-5 stock split. The market price prior to the split was $5 per share Items Before Dividend and Split After Stock Dividend After Stock Split Common stock account Par value per share S 3.00 Shares outstanding Additional paid-in capital S 1.030.000 Retained eamings $ 890.000 Total stockholders' equity ences 20 On July 1, Davidson Corporation had the following capital structure Common stock ($3 par value) Additional paid-in capital Retained earnings Treasury stock Required: $690,000 1,030,000 890,000 Complete the table below for each of the two following independent cases Note: Round "Par value per share" amounts to 2 decimal places. Case 1: The board of directors declared and issued a 50 percent stock dividend when the stock was selling at $5 per share Case 2. The board of directors announced a 6-for-5 stock split. The market price prior to the split was $5 per share Items Before Dividend and Split After Stock Dividend After Stock Split Common stock account Par value per share S 3.00 Shares outstanding Additional paid-in capital S 1.030.000 Retained eamings $ 890.000 Total stockholders' equity ences