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

Assets
Current assets				$ 42,600
Equity investments				65,400
Equipment (net)				252,800
Intangibles				64,600
Total assets				$425,400
Liabilities and Stockholders Equity
Current and long-term liabilities				$94,900
Stockholders equity
Common stock ($5 par)		$ 21,700
Paid-in capital in excess of par		105,800
Retained earnings		203,000		330,500
Total liabilities and stockholders equity				$425,400

For each transaction below, 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) Flounder declares and pays a $0.60 per share cash dividend (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earnings (5) Total stockholders' equity (b) Flounder declares and issues a 10% stock dividend when the market price of the stock is $14 per share. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earnings (5) Total stockholders' equity decrease increase no effect