Question: Question 5 of 9 < > -/1 E : Current Attempt in Progress Benton Inc. is considering one of the three following courses of

Question 5 of 9 < > -/1 E : Current Attempt in Progress Benton Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share. Help Benton make its decision by completing the following chart (treat each possibility independently): Total assets (1) Before Action After Cash Dividend $1,153,000 Total liabilities Shareholders' equity $253,000 Common shares 633,000 +A $ A $ Retained earnings 267,000 Total shareholders' equity 900,000 Total liabilities and shareholders' equity $1,153,000 $ $ Number of common shares 100,000 (2) After Stock Dividend A A A

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