After closing the books at month end on September 30, 2013, EFG Corporation's stockholders equity section shows the tollowing Contributed Capital stock, unlimited authorized 32000 shares issued and outstanding Retained Eanings Total Stockholders Equity Scenario 1 The company declared and immediately tuted a 8e5% stock dividend. Current market price was $14. The company recorded the stock dividends by debiting Retained Eamings a) Prepare the statement of retained eamings after the stock dividend Statement ef Retained Earnings Balance-Sepember 30. 2013 b) Prepare the stockholders equity section of balance sheet as at September 30, 2013 (afher the stock dividend has been distributed). Stockholders Equity As at September 30, 2013 Contributed Capital stock, unlimted authorized 59.520 shares issued and outstanding Retained Earnings Total Stockholders Equity Scenario 2 As a separate scenario from Scenario 1, the company implemented a 4-for-1 stock splt a) Calculate the number of outstanding shares Outstanding shares:shares b) Prepare the stockholders equity section of the balance sheet as at September 30, 2013 (aher the stock split has been completed) Stockholders Equilty As at September 30, 2013 Contributed Capital stock, unlimited authorized, xxxx shares issued and Retained Earnings Total Stockholders' Equity Scenario 1 The company declared and immediately distributed a 86% stock dividend. Current market price was $14. The company recorded the stock dividends by debiting Retained Earnings. a) Prepare the statement of retained earnings after the stock dividend. EFG Corporation Statement of Retained Earnings the Month Ended September 30, Less: Stock Dividend Balance- September 30, 2013 b) Prepare the stockholders equity section of balance sheet as at September 30, 2013 (after the stock dividend has been distributed) Stockholders' Equity As at September 30, 2013 Common stock, unlimited authorized 59,520 shares issued and outstanding Retained Earnings Total Stockholders' Equity Scenario 2 As a separate scenario from Scenario 1, the company implemented a 4-for-1 stock split. a) Calculate the number of outstanding shares Outstanding shares:shes b) Prepare the stockholders equity section of the balance sheet as at September 30, 2013 (after the stock split has been completed). Stockholders' Equity As at September 30, 2013 Common stock, unlimited authorized, xxox shares issued and Retained Earnings Total Stockholders Equity