$100 000 The balance sheet of Happy Company included the following shacholders equity accounts at December 31, 2020 Common stock 100.000 shares at SI por Pad-in capital excess of pa 2.000.000 Retained and 2.500.000 Total shareholder $4900.000 During 2021, the following transactions occurred 10. May 3,2021, a Sfat- shock split was declared and dumbuked The mock uple was effected in the form of a 19. stock diraidend The market talue of the 5l par common stock was $10 per share 2. On July 5, 2021. She common stock didend was declared and distributed The market alue of the comme inock was $5 per share 30. December 1.2021.the board of directors declared a cash dideed of i pet that ce its commee shares payable on December 28 to shareholders Assuming net income is 5900.000 for year 2021 and large shock dedeni does not affect retained comes that in the balance of retained and shown on December 31, 2021 balance sheet" 53.000.000 $3,165.000 52.990.000 53.050.000