Give the journal entry and the impact on total equity for each of the following (independent) transactions:

a. Declaration and payment of cash dividend of $3,000.

b. 50% stock dividend. At the time of the dividend, the company had 12,000 $2 par common shares outstanding with a market price of $10 per share.

c. 2-for-1 stock split. At the time of the dividend, the company had 8,000 $4 par common shares outstanding with a market price of $15 per share.

d. Purchase of 100 treasury shares for $40 cash per share.

e. Sale of 80 treasury shares (originally purchased for $6 per share) for cash of $8 per share.