14) Yellow Company has 400,000 shares of $10 par value common stock outstanding. During the year, Yellow declared a 12% stock dividend when the market price of the stock was $20 per share. Six months later, Yellow declared a $.30 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by?

15) York, Inc. has outstanding 500,000 shares of $2 par common stock and 100,000 shares of no-par 6% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid in every year except the past two years and the current year. Assuming that $120,000 will be distributed as a dividend in the current year, how much will the common stockholders receive?