HiTech Manufacturing Company has 1,000,000 shares of $1 par value capital stock outstanding on January 1 . The following equity transactions occurred during the current year. Apr. 30 Distributed additional shares of capital stock in a 2-for-1 stock split. Market price of stock was $26 per share. June 1 Declared a cash dividend of $9.99 per share. July 1 Paid the $0.99 cash dividend to stockholders. Aug. 1 Declared a 5 percent stock dividend. Market price of stock was $19 per share. Sept.10 Issued shares resulting from the 5 percent stock dividend declared on August 1. a. Prepare journal entries to record the above transactions. b. Compute the number of shares of capital stock outstanding at year-end. c. What is the par value per share of HiTech Manufacturing stock at the end of the year? d. Determine the effect of each of the following on total stockholders' equity: stock split, declaration and payment of a cash dividend. declaration and distribution of a stock dividend