Here is chapter 13 homework. Las Colinas Manufacturing had the following stockholders' equity on March 31, 20X4: Common Stock-No Par Value; 200,000 shares authorized, 100,000 $ 250,000 shares issued and outstanding Retained Earnings 190,000 Total Stockholders' Equity $ 440,000 In the past, Las Colinas has paid an annual cash dividend of 0.25 per share. Despite the large Retained Earnings balance, the board of directors wished to conserve cash for expansion. The board delayed the payment of cash dividends and in April distributed a 10% stock dividend. During May, the company's cash position improved. The board then declared and paid a cash dividend of S0.25 per share in June, Suppose you owned 1,000 shares of Las Colinas common stock, acquired three years ago, prior to the 10% stock dividend. The market price of the stock was S22 per share before any of these dividends, Requirements 1. What amount of cash dividends did you receive last year before the stock dividend? What amount of cash dividends will you receive after the stock dividend? 2. How does the stock dividend affect your proportionate ownership in Las Colinas Manufacturing? Explain. 3. Immediately after the stock dividend was distributed, the market value of Las Colinas stock decreased from $22 per share to $20 per share. Does this decrease represent a loss to you? Explain