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begin{tabular}{|c|c|c|c|c|c|c|} hline a & A & & B & c & D & E hline 1A & multicolumn{6}{|c|}{ At December 31, Artists Unlimited Company

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\begin{tabular}{|c|c|c|c|c|c|c|} \hline a & A & & B & c & D & E \\ \hline 1A & \multicolumn{6}{|c|}{ At December 31, Artists Unlimited Company had the following } \\ \hline 25 & \multicolumn{6}{|c|}{ stockholder's equity components that would be part of the balance sheet: } \\ \hline 3 & & & & 100% & 2 & $5,000 \\ \hline 4 & & & & Stock & for 1 Stock & Cash \\ \hline 5 & Stockholders' Equity & & At Dec 31 & Dividend & Split & Dividend \\ \hline 6 & Contributed Capital: & & & & & \\ \hline 71 & Number of common shares outstanding & & 5,000 & 10,000 & & \\ \hline 8 P & Par value per common share & \$ & 1.00 & 1.00 & & \\ \hline 9 & Common Stock, at par & $ & 5,000 & 10,000 & & \\ \hline 10 & Additional Paid in Capital & & 745,000 & 745,000 & & \\ \hline 11 & Total Contributed Capital & & 750,000 & 755,000 & & \\ \hline 12 & Retained Earnings & & 980,000 & 975,000 & & \\ \hline 13 & Total Stockholders' Equity & $ & 1,730,000 & 1,730,000 & & \\ \hline \end{tabular} 16 Required: 17 The company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the others. 18 Complete the table above and show the resulting balances on the stockholders' equity section as a result 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 1) 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

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