Consider each of the following transactions separately from every other transaction:

a. Issuance of 50,000 shares of \($10\) par common at \($15.

b.\) Purchase of 1,000 shares of treasury stock (par value \($0.50)\) at \($5\) per share.

c. Issuance of a 10% stock dividend. Before the dividend, 500,000 shares of \($1\) par common stock were outstanding; market value was \($7\) at the time of the dividend.

d. Sale of 600 shares of \($1\) par treasury stock for \($5\) per share. Cost of the treas¬ ury stock was \($2\) per share.

e. Split stock 3-for-1. Prior to the split, 60,000 shares of \($4\) par common were outstanding.

Requirement

1. Identify whether each transaction increased, decreased, or did not change total stockholders’ equity.