(Cash dividends) Marshall Pottery Barn is a privately owned importer of Mexican pottery and garden supplies. The firm plans on paying a $1.54 per share dividend on each of its 5,400 shares of common stock. The firm's most recent balance sheet just before payment of the dividend looks like the following: a. What would happen to the firm's balance sheet after payment of the cash dividend? b. If the above balance sheet also represented market values (as well as book values), how would it change following the payment of the cash dividend? a. What would happen to the firm's balance sheet after payment of the cash dividend? The accounting entry would be: (Select from the drop-down menus and round to the nearest dollar.) GAData table Cash Accounts receivable Inventories Current assets Fixed assets Total assets 17,300 22,900 29,900 70,100 129,100 199,200 Accounts payable Notes payable Current liabilities Long-term debt Equity Total 22,400 5,100 27,500 32,200 139,500 199,200