Consider the following assumed transactions of Townsend Corporation A (Click the icon to view the transactions) Requirement 1. Identify the effects-both the direction and the dollar amount of these transactions on the total stockholders' equity of Townsend Corporation. Each transaction is independent. (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 Amount column) Effect on total stockholders' equity Amount Choose from any list or enter any number in the input fields and then click Check Answer. part Clear All Check Answer o ei e a . * 9 Consider the following assumed transactions of Townsend Corporation (Click the icon to view the transactions) A More Info - X total st h total s a. Declaration of cash dividends of $75 million b. Payment of the cash dividend in (a). C. A5% stock dividend. Before the dividend, 74 million shares of $3.00 par common stock were outstanding, the market value was $19.88 at the time of the dividend. d. A 20% stock dividend. Before the dividend, 74 million shares of $3.00 par common stock were outstandingthe market value was $14.25 at the time of the dividend e. Purchase of 2,100 shares of treasury stock (par value $3.00) 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. A2-for-1 stock split. Prior to the split, 74 million shares of $3.00 par common stock were outstanding Clear 'o B e B a O 9 E10-51B (similar to) Question Help Consider the following assumed transactions of Townsend Corporation (Click the icon to view the transactions) Requirement 1. Identify the effects-both the direction and the dollar amount of these transactions on the total stockholders' equity of Townsend Corporation. Each transaction is independent. (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 Amount column.) Effect on total stockholders' equity Amount Decrease Increase Choose f No Effect umber in the input fields and then click Check Answer. 1 part inna Clear All Check Answer o e a 0 - 9