As of January 1, 2021, a company's shareholders' equity consisted of the following components:

	($ in millions)
Common stock, $1 par per share	$	360
Paid-in capital excess of par		180
Retained earnings		260

During 2021, the following transactions relating to the company's shareholders' equity occurred:

1. The company declared and paid cash dividends of $60 million.
2. The company declared and issued a common stock dividend for 4 million shares when the market price per share was $4.

No other changes occurred in shares outstanding during 2021. Indicate the impact of (1) the cash dividend, and (2) the stock dividend, on the following account balances: [Hint: To decide the impact of each event, prepare journal entries. For event (2), first decide if it is a large or small stock dividend. Note that before the stock dividend, the number of shares outstanding can be calculated as $360 total par $1 par per share.]

	Impact of transactions on:
($ in millions)	Retained Earnings	Common Stock	Paid-in Capital - Excess of Par	Total Shareholders' Equity	Total Assets
(1) Cash dividend:
(2) Stock dividend: