A. Cadiz Computer Science Consulting Company (CCSCC) currently has 60,000 shares issued and outstanding, and is trying to decide between declaring a stock split and declaring a stock dividend. What percent should CCSCC's stock dividend be if they'd like to have the same number of shares afterwards as they would if they'd had a 5:4 stock split? Write your final as a percentage (Ex: If your final answer was 10%, write "10", not "0.10").

B. Tulio Inc. purchased 10 shares of its own stock to hold as treasury stock last year for $40 each. Today, it sells five of those shares for $36 cash. Record the journal entry for this transaction.