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Consider the following assumed transactions of BedfordBedford Corporation. Each transaction is independent. a. Declaration of cash dividends of $82 million. b. Payment of the cash

Consider the following assumed transactions of

BedfordBedford

Corporation. Each transaction is independent.

a.

Declaration of cash dividends of $82 million.

b.

Payment of the cash dividend in (a).

c.

A 5% stock dividend. Before the dividend, 75 million shares of $1.00 par common stock were outstanding; the market value was $15.07 at the time of the dividend.

d.

A 40% stock dividend. Before the dividend, 75 million shares of $1.00 par common stock were outstanding; the market value was $18.50 at the time of the dividend.

e.

Purchase of 1,900 shares of treasury stock (par value $1.00) at $17.00 per share.

f.

Sale of 200 shares of the treasury stock for $18.00 per share. Cost of the treasury stock was $17.00 per share.

g.

A 3-for-1 stock split. Prior to the split, 75million shares of $1.00 par common stock were outstanding.

Requirement

Identify the effectsminusboth the direction and the dollar amount minusof these assumed transactions on the total stockholders' equity of Bedford Corporation. (Enter amounts in dollars. For example, enter 10 million as 10,000,000. For transactions that have no effect on total stockholders' equity, enter a "0" in the Amountcolumn.)

Effect on total

stockholders' equity

Amount

a.

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