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cers 9,10,11 0 Saved ? 5 Cash dividends, stock dividends, and stock splits - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME INSERT Sign

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cers 9,10,11 0 Saved ? 5 Cash dividends, stock dividends, and stock splits - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME INSERT Sign In X Calibri - 11 A % M Paste BIU- Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 v At December 31, Artists Unlimited Company had the following A B D E 3 4 1 At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet: 100% 2 $5,000 Stock for 1 Stock Cash 5 Stockholders' Equity At Dec 31 Dividend Split Dividend 6 Contributed Capital: 7 Number of common shares outstanding 5,000 8 Par value per common share $ 1.00 9 Common Stock, at par $ 5,000 10 Additional Paid in Capital 745,000 11 Total Contributed Capital 750,000 12 Retained Earnings 980,000 13 Total Stockholders' Equity 1,730,000 14 15 16 Required: 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. Use only cell references in formulas. Use cells C3, D3, and E3 as appropriate. Do not reference cells from one W 17 19

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