CALCULATOR HESSAGE HY INSTRUCTOR FULL SCREEN PRINTER VERSION ILACK Exercise 14-04 On October 31, the stockholders' equity section of Wildhorse Company consists of common stock $300,000 and retained earnings $890,000. Wildhorse is considering the following two courses of action: (1) declaring a 4% stock dividend on the 30,000, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is 516 per she Prepare a tabula summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per shares Alter After Before Stock Stock Action Dividend Split Stockholders' equity Puld in capital Common stock V Inces of Total adinita Beding Total holders uity Outstanding shares Par value per share $