Example: A stockholder owns 1,000 of a corporation's 10,000 shares outstanding. If the corporation declares a 6% stock dividend, the stockholder's proportionate interest will not change. Example: Rojek Corp. has 10,000 shares of $100 par common stock outstanding with a current market price of $150 per share. A stock split has been declared by the BoD wherein each common shareholder will receive five shares (of $20 par) for each share currently held. a) A Petty Cash fund of $500 is established on August 1st b) Petty Cash was used to purchase $402 of office supplies and $35 of store supplies. c) Petty Cash was replenished on August 31st