Hi i need help for this questions taking it further.

He says"for part (a) you do not have to calculate the $$ for each item listed. All you need to do is indicate if the item "increased", "decreased" or "no change

" (i.e. I, D or NC).However, if you do calculate $$, the amounts must be correct.

thank you

Compare impact of cash dividend, stock dividend, P14-1B The condensed balance sheet of Erickson Corporation reports the following: and stock split. (LO 1) AP Retained ERICKSON CORPORATION During the year, the Balance Sheet (partial) 1. Reacquired 600 shar January 31, 2017 Total assets 2. Issued 3,600 shares $9,000,000 3. Issued 1,000 share Liabilities and shareholders' equity Liabilities $2,500,000 Instructions Shareholders' equity (a) Calculate the n Common shares, unlimited number authorized, 500,000 issued (b) Determine th $3,000,000 Retained earnings Reacquisition 3,500,000 6,500,000 Total liabilities and shareholders' equity $9,000,000 TAKING IT FU to fulfill emplo with shares in The market price of the common shares is currently $30 per share. Erickson wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: P14-4B Th 1. Payment of a $1.50 per share cash dividend Con 2. Distribution of a 5% stock dividend Pre 3. A 2-for-1 stock split C R Instructions The foll (a) For each alternative, determine the impact on (1) assets, (2) liabilities, (3) common shares, (4) retained earnings, (5) total shareholders' equity, and (6) the number of shares. Jan. 1 (b) Assume an Erickson shareholder currently owns 2,000 common shares at a cost of $50,000. What is the impact Feb. of each alternative for the shareholder, assuming that the market price of the shares changes proportionately Apr. with the alternative? June Aug TAKING IT FURTHER What is the purpose of a reverse stock split? When might a company take this action? Oc