Identify the effects-both the direction and the dollar amount-of these assumed transactions on the total stockholders' equity of Silva Corporation. Each transaction is independent. Declaration of cash dividends of $58 million. Payment of the cash dividend in (a). A 20% stock dividend. Before the dividend, 72 million shares of $1.00 par common stock were outstanding; the market value was $12.87 at the time of the dividend. A 40% stock dividend. Before the dividend, 72 million shares of $1.00 par common stock were outstanding; the market value was $14.25 at the time of the dividend. Purchase of 1,700 shares of treasury stock (par value $ 1.00) at $ 13.25 per share