Exercise 14-6 During 2017, Roblez Corporation had the following transactions and events, 1. Dedared a cash dividend. 2. Issued par value common stock for cash at par value. 3. Completed a 2-for-1 stock split in which $10 par value stock was changed to $5 par value stock. 4. Declared a small stock dividend when the market price was higher than par value. 5. Made a prior period adjustment for overstatement of net income. 6. Issued the shares of common stock required by the stock dividend declaration in item no. 4 above. 7. Paid the cash dividend in item no. 1 above. 8. Issued par value common stock for cash above par value. Indicate the effect(s) of each of the foregoing items on the subdivisions of stockholders' equity. Paid-in Capital Item Capital Stock Additional Retained Earnings No Effect 1. No Effect Decrease 2. > 3. c 4 > C > 5 > 6 7. Exercise 14-15 The following financial information is available for Plummer Corporation. 2017 2016 Average common stockholders' equity $1,110,000 $887,000 Dividends paid to common stockholders 52,000 33,000 Dividends paid to preferred stockholders 25,000 25,000 Net income 300,000 210,000 Market price of common stock 19 15 The weighted average number of shares of common stock outstanding was 78,000 for 2016 and 101,000 for 2017, Calculate earnings per share and return on common stockholders' equity for 2017 and 2016. (Round answers to 2 decimal places, e... 10.50% or 2017 2016 Earnings per share $ Return on common stockholders' equity 9 % Click if you would like to Show Work for this question: Open Show Work Exercise 14-11 The following accounts appear in the ledger of Horner Inc. after the books are closed at December 31. PE Common Stock, no par, $1 stated value, 376,000 shares authorized; 284,000 shares issued Common Stock Dividends Distributable Paid-in Capital in Excess of stated Value-Common Stock Preferred Stock, $5 par value, 8%, 38,500 shares authorized; 29,500 shares issued Retained Earnings Treasury Stock (11,000 common shares) Paid-in Capital in Excess of Par--Preferred Stock $ 284,000 25,500 130,000 147,500 750,000 82,500 350,000 Prepare the stockholders' equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of $110,000. (Enter a not provide descriptive information.) HORNER INC. Balance Sheet (Partial)