$1,240,000 200,000 2,000,000 the the following information for questions 5-10. y 1, 2012 Be Corporation Med the following stockholders' equity accounts. Common Stok (520 par value 62,000 shares pada Cape hose of Par Value 186,000 186,000 Retained Garnings ring the year, the owing transactions occurred payable March 1 Retained Earnings Ouded a ) cash dividend per share to stockholders of record on February 15, and Earnings 186,000 becom. Dividends Payable-com. Dividends Payable-Com. Cash 186,000 186,000 186,000 Retained Ba y able-Com Feb. 15 Date of record for Feb 1 cash dividends declared Retained Earnings Cash Records No Journal Entry C Cash Dividends Records Cash d. Retained Earnings Records Payable Mar. 1 Paid the dividend declared in February. a. Retained Earnings 186,000 186,000 186,000 186,000 186,000 186,000 186,000 b. Dividends Payable-Com. Cash c Dividends Payable-Com. 186,000 Cash d. Retained Earnings Cash 8. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $40. The split will result in 186,000 Outstanding shares, $20 Par Value, $40 Market Value 124,000 Outstanding shares, $10 Par Value, $20 Market Value 31,000 Outstanding shares, $40 Par Value, $80 Market Value 124,000 Outstanding shares, $40 Par Value, $80 Market Value Dec. 31 Determined that net income for the year was $500,000 Net Income 500,000 Retained Earnings 500,000 b. Retained Earnings 500,000 Income Summary c Income Summary 500,000 500,000 Capital d. Income Summary 500,000 Retained Earnings 500,000 500,000 which value is used to calculate a large Stock Dividend greater than 25%? a. Par Value b. Market Value