1. Journalize the declaration and distribution of the stock dividend.

2. Prepare the stockholders' equity section of the balance sheet after the stock dividend

3. Why is total stockholders' equity unchanged by the stock dividend?

4. Suppose Dairy Heaven had a cash balance of $500,000 on August 14, 2022. What is the maximum amount of cash dividends the company can declare?

Data table The stockholders' equity section of the balance sheet for Dairy Heaven Corporation on August 13, 2022, follows: (Click the icon to view the data.) On August 13,2022, the market price of Dairy Heaven common stock was $20 per share. Dairy Heaven declared and distributed a 15 Read the Requirement 1. Journalize the declaration and distribution of the 15% stock dividend. (Record debits first, then credits. Exclude explan