Calibri 11 A A = % Paste BIU- A Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard Font B21 > B D E > 3 4 2 for 1 Stock Split $5,000 Cash Dividend A C 1 At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet: 100% Stock 5 Stockholders' Equity At Dec 31 Dividend 6 Contributed Capital: 7 Number of common shares outstanding 5,000 8 Par value per common share $ 1.00 Common Stock, at par $ 5,000 10 Additional Paid in Capital 745,000 11 Total Contributed Capital 750,000 12 Retained Earnings 980,000 13 Total Stockholders' Equity $ 1,730,000 14 15 16 Required: 17 The company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the others. 18 Complete the table above and show the resulting balances on the stockholders' equity section as a result of these distributions. 19 Use only cell references in formulas. Use cells C3, D3, and E3 as appropriate. Do not reference cells from one alternative in another alternative. 20 21 1) Issue a 100% stock dividend. 22 OR 23 2) Execute a 2-for-1 stock split. 24 OR 25 3) Distribute a $5,000 cash dividend