E11-14 Comparing 100 Percent Stock Dividend and 2-for-1 Split [LO 11-3] On July 1, Jones Corporation had the following capital structure: Common Stock, par $1; 8,000,000 authorized shares, 150,000 issued and outstanding $150,000 Additional Paid-in Capital 100,000 Retained Earnings 180,000 Treasury Stock None Required: Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $7 per share. Case 2: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $7 per share. Case 1 Case 2 After 100% After Stock After Stock Items Before Stock Transactions Dividend Split Number of Shares Outstand Par Per Share Common Stock Account Additional Paid-in Capital Retained Earnings Total Stockholders' Equity 100,000 180 000 280,000