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II. Bennett Corporation reported the following Stoc December 31, 2xxx epred the following Stockholders' Equity items on Preferred stock, 5%, cumulative $100 par, 00 shares authorized, 1.000 shares issued $100,000 53,200 Paid-in-capital in excess of par-preferred Common stock, $50 par, 10,000 shares authorized, 5,000 shares issued Paid-in-capital in excess of par-commorn Retained earmings 250,000 300,000 455,300 Required: Consider each of the following cases INDEPENDENTLY ) How many shares of common stock would be outstanding if Bennett Corporation declares a 4-for-1 stock split? Prepare the journal entry if Bennett Corporation distributed a 15% stock dividend on the common stock when the market price of the common stock was $130 per share. Prepare the journal entry if Bennett Corporation distributed a 45% stock dividend on the common stock when the market price of the common stock was $130 per share