equity non shar tha carrying amount of $824,000, with 82,400 common shares issued and retained earnings with a carrying amount of $243,200. Blossom is considering the following three courses of action: (1) paying a $0.75 cash dividend, (2) declaring a 10% stock dividend, or (3) effecting a 3-for-1 stock split. The current market price for its common shares is $15 per share. Complete the following tabular summary of the effects of the alternative actions on Blossom's shareholders' equity and number of common shares. Total assets Total liabilities Common shares Retained earnings Total shareholders' equity (1) (2) Before Action After Cash Dividend After Stock Dividend $1.271.200 $ $ $ $204,000 $ 824,000 243.200 1,067.200 Total liabilities and shareholders' equity $1,271,200 $ Number of common shares 82,400 $

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