d balamce sheet D B Piss (Dividends and Splits) Myers Company provides you with the information Liabilities and Stockholders' Equity Assets $100,000 Current assets $ 40,000 Current and long-term liabilities Stockholders' equity 60,000 250,000 60,000 $410,000 $ 20,000 Equity investments (trading Equipment (net) Common stock ($5 par) Paid-in capital in excess of par110,000 Retained earnings 180,000 310,00 Total labilities and stockholders' equity Total assets $410,000 Instructions For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total asset 2) common stock (3) paid-in capital in excess of par, (4) retained earnings, and (5) stockholders' equit (Each situation is independent.) (a) Myers declares and pays a S0.50 per share cash dividend. (b) Myers declares and issues a 10% stock dividend when the market price of the stock is $14 per shs (c) Myers declares and issues a 30% stock dividend when the market price of the stock is$15per sh id) Myers declares and distributes a property dividend. Myers gives one share of its equity investn (ABC stock) for every two shares of Myers Company stock held. Myers owns 10,000 shares of ABC is selling for $10 per share on the date the property dividend is declared (e) Myers declares a 2-for-1 stock split and issues new shares