At the end of the year, the records of Nortech Corporation provided the following selected and incomplete data: Common shares, no par value Shares authorized, 200,000 Shares issued,? issue price $17 per share; cash collected in full Net earnings Dividends declared and paid Prior-period error, correction of an accounting error (a credit, net of income tax) Retained earnings, beginning balance $2,125,000 118,000 75,000 9,000 155,000 Required: 1. Complete the following tabulation: Shares authorized Shares issued Shares outstanding 200,000 125,000 2. Calculate the amount of Earnings per share. (Round the final answer to 2 decimal places.) Earnings por sharo $ 0.97 3. Calculate the amount of Dividend paid per common share. (Round the final answer to 2 decimal places) Dividend per common share 5001 4. Complete the following The prior period arror should be reported on the statement of cash flow is an addition to statement of cash flow from financing activities statement of cash flow from investing activities statement of cash flow from operating activities the beginning balance of retained earnings 5. Calculate the amount of retained earnings available for dividends at the beginning of the year Retained earnings with for dividende Assume that the board of directors voted for a 100 percent stock split (the number of shares will double), 6-1. After the stock split, calculate the average Issue price per share? (Round the final answer to 2 decimal places.) Average issue price 6-b. After the stock split, calculate the number of outstanding shares? Share outstanding Assume that the company declared a 100 percent stock dividend instead of the 100 percent stock split. The market price of the common share was $21 when the dividend was declared. ya the company issues 100% stock dividend instead of souling a two for one stock split will the stock dividend offect any components of shareholders equity? o Yes No 7-6. Prepare the journal entry for the declaration of 100 percent stock dividend. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field) View transaction lit Journal entry worksheet > Record the entry for issuing 100% Stock dividend. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal