Question: 3-for-1 stock split. The current fair value is $13 per share. Indicate the financial impact on the financial statement items listed of each action under

3-for-1 stock split. The current fair value is $13 per share. Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibility independently). Total assets Total liabilities Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders' equity Q Search Before Action $1,800,000 1,080,000 $77,000 $ 643,000 1,723,000

(1) After Cash Dividend $1,800,000 $ stributing a 5% stock divi $

(2) After Stock Dividend $ $ $ O

(3) A LA $ +A $ $ ENG US

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