Presented below is the consolidated statement of shareholders’ equity for Johnson & Johnson (J&J) at year-end:

The following information is provided in J&J’s notes to the financial statements.

Based on your review of this data, consider the following questions:
1. How much cash dividends did J&J pay during the year? 

2. What was the value of the common stock distributed to employees under J&J’s stock compensation plan and stock option plan? Where did J&J get the shares to distribute to its employees?
3. What was the value of the treasury stock repurchase during the year?
4. What happened to J&J’s currency translation adjustment account? Did the U.S. dollar appreciate, depreciate, or remain unchanged during the year?

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Accumulated Other Retained Comprehensive Common Treasury Earnings (in millions) Total Income Stock Stock Balance, December 28, 2014. $69,752 Net earnings... 15,409 $97,245 15,409 $(10,722) $3,120 $(19,891) Cash dividends paid. (8,173) (8,173) Employee stock compensation and stock option plans 1,920 (577) Repurchase of common stock... (5,290) 2,497 (5,290) Other comprehensive income (loss), net of tax Other.. (2,443) (25) (2,443) (25) Balance, January 3, 2016.. $71,150 $103,879 $(13,165) $3,120 $(22,684)