Current Attempt in Progress Covington Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share. 4 Help Covington make its decision by completing the following chart (treat each possibility independently): Total assets Total liabilities Shareholders' equity Common shares Retained earnings Total shareholders' equity Before Action $1,366,000 $248,000 570,000 548,000 1,118,000 $ $ (1) After Cash Dividend $ $ (2) After Stock Dividend LA 10001

Current Attempt in Progress Covington Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2 -for-1 stock split. The current share price is $13 per share. Help Covington make its decision by completing the following chart (treat each possibility independently): Covington inc, is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting 22 for -1 stock spilie. The current share price is $13 per share. Help Covington make its decision try completing the following chart (treat each possibility independenth): E suppont