As the first quarter came to a close profits were at a record high. CNE declared a cash and stock dividend in the month of March. The cash dividend was set at $.75 cents per share and the stock dividend was set at 7% of total outstanding stock with a par value of $1.50 per share. Total outstanding stock at the end of March was 150,000 shares. The dividends were distributed in April. The stock was trading at $8.50 per share at the time the dividends were declared and distributed. Additional Assumptions: 1. Assume the deprecation for the capital equipment starts January 1^st. 2. All units are manufactured in the same month of the raw material purchase. 3. Direct Labor is paid for in cash at the end of each month.

Please answer the following three questions: o Given CNE Inc.'s stock and cash dividend declaration, what is the dollar amount impact to its balance sheet account "Cash Dividend Payable" (if none enter 0), in the month of March? o Given CNE Inc.'s stock and cash dividend declaration, what is the dollar amount impact to its balance sheet account "Additions to Paid in Capital", (if none enter 0), in the month of March? o Given CNE Inc.'s cash dividend, what is the dollar amount impact to CNE Inc.'s overall shareholder equity at the time of the time of declaration?