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11. BASED ON 10. ABOVE, 4,000 IS FOR ASSEMBLY LINE WORKERS AND 2,000 IS FOR THE FACTORY SUPERVISOR. 12. PREPARE THE JOURNAL ENTRY TO RECORD

11. BASED ON 10. ABOVE, 4,000 IS FOR ASSEMBLY LINE WORKERS AND 2,000 IS FOR THE FACTORY SUPERVISOR.

12. PREPARE THE JOURNAL ENTRY TO RECORD THE DECLARATION OF A 10% STOCK DIVIDEND. THERE ARE 100,000 COMMON SHARES OUTSTANDING, PAR VALUE OF THE STOCK IS $3/SH AND THE SELLING PRICE OF THE STOCK IS $105/SH

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