As of March 11, 2012, Swanson Group, Ltd., had 300,000 shares of $10 par value common stock authorized, and 185,000 shares issued. There were 6,000 shares of treasury stock that had been previously purchased by the firm at an average cost of $12. How many shares of common stock are outstanding on March 11, 2012? Assume that on March 11, 2012, the board of directors declared a cash dividend of $0.15 per share, payable on April 4, 2012, to owners of record on March 18, 2012. What is the amount of the dividend payable that would appear on the March 31, 2012, balance sheet? Assume that instead of a cash dividend, the board of directors approved a 4 for 3 stock split. How many shares of stock will be outstanding after the stock split? Assume that the company sold 1,000 shares of its common stock held in treasury stock on October 1, 2012 when the market price was $22. Prepare the entry for that transaction. Assume that instead of a cash dividend, the board of directors approved a 3% stock dividend. How many shares of stock will be outstanding after the stock dividend