1. Brown Company has 100,000 shares of $5 par value common stock outstanding. During the year, Brown declared an 8% stock dividend when the market price of the stock was $12 per share. Six months later, Brown declared a $.20 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by?
3. Presented below is the information related to Purple Corporation:

4. Common Stock, $6 par, 100,000 shares issued and outstanding

   Paid-in-Capital in Excess of ParCommon Stock $5 per share

   Preferred 5% Stock, $10 par, 300,000 shares issued and outstanding

   Paid-in-Capital in Excess of ParPreferred Stock $10 per share

   Retained Earnings $840,000

   Accumulated gain from comprehensive income $20,000

   The total stockholders equity of Purple Corporation is?