16 Indicate the respective effects of the declaration of a cash dividend on balance sheet sections: Total Assets Total Liabilities Total Stockholders' Equity Increase Decrease No change b. No change Increase Decrease Decrease Increase Decrease Decrease No change a. C. d. Increase 17. Somento Forest Inc. has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2020. What is the annual dividend on the preferred stock? a. $60 per share b. $60,000 in total c. $100,000 in total d. $0.60 per share 18. dentify the effect the declaration and distribution of a stock dividend has on the par value per chara