Cash and Stock Dividends Mandrich Corporation has 50,000 shares of $10 par value common stock outstanding. The company has $303,750 of retained earnings. At year-end, the company declares a cash dividend of $1.43 per share and a 2% stock dividend. The market price of the stock at the declaration date is $26 per share. Four weeks later, the company pays the dividends. Determine the financial statement effects of the following: a. the declaration of the cash dividend. b. the declaration of the stock dividend. c. the payment of the cash dividend. d. the payment of the stock dividend. Balance Sheet Income Statement Assets = Liabilities + Equity Revenues Expenses Net Income a. 0 71,500 50,000 x 0 0 b. 0 0 C. 0x 0x 0 0 0 0 d. 0 0 0 0 Check