(1/2 point for each answer) Morris Company declared and distributed a 10% stock dividend. Indicate the effect ( increase, D decrease, or NE no effect) on (a) the number of shares outstanding (b) retained earnings (c) common stock (d) additional paid-in-capital Stock 12pt Paragraph B I VATeva PAV E Question 3 3 pts Indy Corp has 120,000 shares of $5 par value common stock outstanding that were issued at $15 per share. It also has retained earnings of $260,000. If the Company's books are still open, net income is $40,000, and company pays a $2 cash dividend, what will the balance of retained earnings be? 12pt Paragraph 6 > O words 2 pts ABC Corp issued 20,000 shares of common stock at $24 per share, Record the transaction assuming the stock is no par stock with no stated value. 12ptv Paragraph B I UA O words