4) Rice Corporation reported the following shareholders' equity items on December 31, 2014: $153,200 Preferred shares, S5, cumulative, 7,000 shares authorized, 1,000 shares issued Common shares, 10,000 shares authorized, 5,000 shares issued Retained earnings 550,000 455,300 Consider each of the following cases independently: 1) How many common shares would be outstanding if Rice Corporation declares a 4-for-1 stock split? 2) Prepare the joumal entry if Rice Corporation declared a 15% stock dividend on the common shares when the market price of common shares was $130 per share. 3) Prepare the journal entry if Rice Corporation declared a 45% stock dividend on the common shares when the market price of common shares was $130 per share. 4). Give the joumal entry to record the sale of 800 common shares for $125 per share