$(2)$ Receives land in exchange for $10,000$ shares of $$1$ par common stock when the com$-$mon stock is trading in the market at $$15$ per share. The land has no readily determin$-$able market value.Assets $=$ Liabilities $+$Shareholders$$ EquityCC AOCI REJournal entry:b$.$ In each case, how does the company measure the transaction? What measurement attrib$-$ute is used?$7\mathrm{.}3$ Dividends. Following is the shareholders$$ equity section of All$-$Wood Doors on a dayits common stock is trading at $$130$ per share.Common stock $($$$2$ par value, $40,000$ shares issued and outstanding$)$ $$80,000$Additional paid$-$in capital on common stock $1,600,000$Retained earnings $3,000,000$a$.$ Use the $$nancial statement template below to show the $$nancial statement effects ofthe following dividend events. $($Assume that the events are independent.$)(1)$ Cash dividend declaration and payment of $$1$ per share$(2)$ Property dividend declaration and payment of shares representing a short$-$terminvestment in Screen Products, Ltd$.,$ with a fair value of $$10,000(3)10\%$ stock dividend$(4)100\%$ stock dividend$(5)3-$for$-1$ stock split$(6)1-$for$-2$ reverse stock split