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a . Declaration of cash dividends of $ 7 8 million. b . Payment of the cash dividend in ( a ) . c .

a.
Declaration of cash dividends of $ 78 million.
b.
Payment of the cash dividend in(a).
c.
A 10% stock dividend. Before the dividend, 67 million shares of $ 2.00 par common stock were outstanding; the market value was $ 17.62 at the time of the dividend.
d.
A 40% stock dividend. Before the dividend, 67 million shares of $ 2.00 par common stock were outstanding; the market value was $ 14.25 at the time of the dividend.
e.
Purchase of 2 comma 000 shares of treasury stock(par value $ 2.00) at $ 15.25 per share.
f.
Sale of 900 shares of the treasury stock for $ 18.00 per share. Cost of the treasury stock was $ 15.25 per share.
g.
A 3-for-1 stock split. Prior to the split, 67 million shares of $ 2.00 par common stock were outstanding.
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