All answer must be entered as a formula

1. Analyze the effects of alternative distributions on stockholders' equity. Cash dividends, stock dividends, and stock splits Exce HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In ?? A Alignment Number Conditionsl Farmat as Cell Formatting Table Styles Clipboard A1 s At December 31, Artists Unlimited Company had the following 1 At December 31, Artists Unlimited Company had the following 2stockholder's equity components that would be part of the balance sheet: 100% Stock $5,000 Cash Dividend for 1 Stock DividendSplit At Dec 31 Capital: of common shares outstanding 5,000 8 Par value per common share 9 Common Stock, at par 5,000 Additional Paid in Capital 11Total Contributed Capital 12 Retained Earnings 13 Total Stockholders' Equity 750,000 980 15 16 Required: The company is considering 3 ailternative distributions to stockholders. Consider each alternative independently of the 17 others. 18 Complete the table above and show the effect on stockholders' equity as a result of each of these distributions. 19 Use only cell references in formulas. Use cells C3, D3, and E3 as appropriate. Do not reference cells from one alternative in another alternative. 20 21 11) issue a 100% stock dividend. 22 OR 23 2) Execute a 2-for-1 stock split 24 OR 25 3) Distribute a $5,000 cash dividend. 26 27 29