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and Revenue Recognition (15 points)-Please circle letter rpresenng your anever Equity D, Change Decrease LAco pay declared a 40% stock dividend No Change No Change Decrease Decrease Change No Change No Change No Change Total Stackholler's Equity Total Assets Total Liabilities No Change 2 Declared a cash dividend of $2.00 pers Net Income Retained Earnings Total Stockholder's Equity Total Assets No Change No Change Decrease Decrease No Change Decrease Decrease No Change No Change Decrease Decras dange No Change No Change No Change No Change No Change NChangeIncrencrease ncrease Total Liabilities with a cost of 100,000 and market value of 3. Enny before the Declarationaa Property Dividend. Inventory 150,000 is to be distributed tothe shareholders Increase No Change Decr Increase Retained Earnings Total Stockholder's Equity No Change No Change Increase Increase No Clange Total Assets Total Liabilities No Change Increase Ingrease Acquired $5,000,000 of equipment by issuing $0,000 shares of Common Stock Nit thned Eaming Retained Earnings Total Stockholder's EquityIncrease Total Assets Total Liabilities No Effect No Effect Increase Increase No Effect No Effect No Effect Increase No Effect No Effect Increase IncreeaseNo Effect No Effect No Effect Decrease No Effect Effect N S. Issued 1,000 shares of $100 par preferred stge for $104 a share. D. IncreaseNo Net Income Retained Earnings Total Stockbolder's Equity Increase Increase No Effect Decrease Increase Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Total Assets Total Liabilities No Effect Increase No Effect Decrease Increase ncrease No Effect Increase Increase No Effect 6. Purchased 1,000 shares of Treasury stock at $15.00 per share. Net Income Retained Eamings Total Stockholder's Equity Increase Decrease No Ettect Total Assets D. No Effect No Effect No EffectNo Effect No EffectNo Effect No Effect No Effect Increase Total Liabilities No Effect Dcrease Increase No Effect Increase Increase No Effect No Effect No Effect Increase etensedate Accenting I1 Malbes-Aprl 17,6