11 The following information is from 2019 statement of stockholders' equity for Dynegy, Inc. Stockholders' equity (in millions, except shares) 2019 2018 Common stock, par value $0.01 (100,202,036 shares issued 2019; 99,999,196 shares issued 2018) $ 1 $ 1 Additional paid-in capital 2,614 2,598 Accumulated other comprehensive income, net of tax 58 Retained Earnings 1,537 1,893 Total Dynegy stockholders' equity 4,210 4,503 Noncontrolling interest (3) 0 Total Equity $4,207 $4,503 Dynegy has 420 million shares of common stock authorized. Assume the following transactions occurred during the 2020. Mar 10 Declare and pay a cash dividend of $1.75 per share. May Split stock 2-for-1 reducing the par value of the stock to $0.005 Aug 25 Issue a stock dividend of 10% of the outstanding shares of common stock while the shares were trading at $30 per share. Oct 2 Repurchased 300,000 of common share for $32 cash per share for treasury. Nov 1 Reissued 150,000 shares of the treasury stock for $35 cash per share. Dec 10 Reissued another 100,000 shares of the treasury stock for $27 cash per share. Required: a. Prepare journal entries to record the above transactions. b. How did the cash dividend affect the company's profitability for the year? C. What effects does the stock split have on Dynegy's financial statements? d. What effects does the stock split have on an individual stockholder