1. Declared and immediately paid a cash dividend.

2. Converted Preferred stock into common stock.

3. Resold treasury stock at price that was less than its cost. There was sufficient existing PIC from treasury stock.

4. Declared a stock dividend, to be declared in the next accounting year.

5. Issued 50,000 shares with $1 par per share in exchange for some legal services that would otherwise cost $185,000 if paid in cash.

How are these transactions going to affect Assets, Liability, Paid in Capital, Stockholders equity and Net Income..