Current Attempt in Progress

Shamrock Company provides you with the following condensed balance sheet information:

Assets
Current assets				$ 39,300
Equity investments				54,000
Equipment (net)				229,600
Intangibles				61,100
Total assets				$384,000
Liabilities and Stockholders Equity
Current and long-term liabilities				$100,100
Stockholders equity
Common stock ($5 par)		$ 20,900
Paid-in capital in excess of par		110,300
Retained earnings		152,700		283,900
Total liabilities and stockholders equity				$384,000

For each of the following transactions, indicate the dollar impact (if any) on the following five items: (1) total assets, (2) common stock, (3) paid-in capital in excess of par, (4) retained earnings, and (5) stockholders equity. (Each situation is independent.) (a) Shamrock declares and pays a $0.55 per share cash dividend.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(b) Shamrock declares and issues a 10% stock dividend when the market price of the stock is $13 per share.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(c) Shamrock declares and issues a 30% stock dividend when the market price of the stock is $14 per share.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(d) Shamrock declares and distributes a property dividend. Shamrock gives one share of its equity investment (ABC stock) for every two shares of Shamrock Company stock held. Shamrock owns 9,000 shares of ABC. ABC is selling for $10 per share on the date the property dividend is declared.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(e) Shamrock declares a 2-for-1 stock split and issues new shares.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$