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Instructions a. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. b. Indicate the balances in the

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Instructions a. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. b. Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. E14.6 (LO 1, 2) During 2020, Roblez Corporation had the following transactions and events. 1. Declared a cash dividend. 2. Issued par value common stock for cash at par value. 3. Completed a 2-for-1 stock split in which $10 par value stock was changed to $5 par value stock. 4. Declared a small stock dividend when the market price was higher than par value. 5. Made a prior period adjustment for overstatement of net income. 6. Issued the shares of common stock required by the stock dividend declaration in item no. 4 above. 7. Paid the cash dividend in item no. 1 above. 8. Issued par value common stock for cash above par value. Instructions a. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. b. Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. E14.6 (LO 1, 2) During 2020, Roblez Corporation had the following transactions and events. 1. Declared a cash dividend. 2. Issued par value common stock for cash at par value. 3. Completed a 2-for-1 stock split in which $10 par value stock was changed to $5 par value stock. 4. Declared a small stock dividend when the market price was higher than par value. 5. Made a prior period adjustment for overstatement of net income. 6. Issued the shares of common stock required by the stock dividend declaration in item no. 4 above. 7. Paid the cash dividend in item no. 1 above. 8. Issued par value common stock for cash above par value

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