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Data Table 1 4, 2017, follow ck was $19 pe Stockholders' Equity Common stock, $0.10 par, 2,300,000 shares authorized, 700,000 shares issued Paid-in capital in
Data Table 1 4, 2017, follow ck was $19 pe Stockholders' Equity Common stock, $0.10 par, 2,300,000 shares authorized, 700,000 shares issued Paid-in capital in excess of par-common Retained earnings Accumulated other comprehensive income (loss) $ 70,000 1,506,773 7,100,000 (195,000) $ 8,481,773 he 9% stock d De Total stockholders' equity 1 Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. 3. Why is total stockholders' equity unchanged by the stock dividend? 4. Suppose Dairy Place had a cash balance of $540,000 on July 15, 2017. What is the maximum amount of cash dividends Dairy Place can declare
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