On July 1, 2010, Jones Corporation had the following capital structure: …
On July 1, 2010, Jones Corporation had the following capital structure: Common stock, par $1,370,000 authorized shares, 155,000 issued and outstanding $ 155,000 Additional paid-in capital 86,000 Retained earnings 191,000 Treasury stock None Required: Complete the following table based on three independent cases involving stock transactions (Round your par value answers to 2 decimal places. Omit the “$” sign in your response): Case 1: The board of directors declared and issued a 10 percent stock dividend when the stock price was $8 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock price was $8 per share. Case 3: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $8 per share.