help with 11-8, 11-9, 11-10 ty!

M11-8 Recording Dividends On May 20, the board of directors for Auction.com declared a cash dividend of 50 cents per share payable to stockholders of record on June 14. The dividends are paid on July 14. The company has 500,000 shares of stock outstanding. Closing entries are recorded on July 31. Prepare any neces- sary journal entries for each date. M11-9 Determining the Impact of a Stock Dividend Sturdy Stone Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase, decrease, no change) of this dividend on the following: 1. Total assets. 4. Total stockholders' equity. 2. Total liabilities. 5. Market value per share of common stock. 3. Common stock. M11-10 Determining the Impact of a Stock Split Complete the requirements of M11-9 assuming that the company announced a 2-for-1 stock split