Kokomo Inc. is considering one of the three following courses of action: (1) paying a $0.60 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $14 per share. Help Kokomo make its decision by completing the following chart (treat each possibility independently):

The Ceradyne Limited reported the following changes to its shareholders equity accounts for the year ended December 31, 2018.

Accumulated other comprehensive income:					Retained earnings:
Balance, Jan. 1		$87,000			Balance, Jan. 1		$1,438,000
Other comprehensive income		(25,000	)		Net income		386,000
Balance, Dec. 31		$62,000			Dividends declared		(77,000	)
Contibuted surplus:					Balance, Dec. 31		$1,747,000
Balance, Jan. 1		$526,000			Common shares:
Common shares reaquired		(38,000	)		Balance, Jan. 1		$860,000
Balance, Dec. 31		$488,000			Shares issued		166,000
					Shares reacquired		(190,000	)
					Balance, Dec. 31		$836,000

(a)

Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

THE CERADYNE LIMITED Statement of Changes in Equity December 31, 2018For the Quarter Ended December 31, 2018For the Year Ended December 31, 2018
		Common Shares		Contributed Surplus		Retained Earnings		Accumulated Other Comprehensive Income		Total
Balance Jan. 1		$		$		$		$		$
Issued common shares
Common shares reacquired
Net income
Dividends declared
Other comprehensive income
Balance Dec. 31		$		$		$		$		$

The Ceradyne Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2018. Accumulated other comprehensive income: Balance, Jan. 1 Other comprehensive income Balance, Dec, 31 Contibuted surplus: Balance, Jan. 1 Common shares reaquired Balance, Dec. 31 Retained earnings: $87,000 Balance, Jan. 1 (25,000) Net income $62,000 Dividends declared Balance, Dec. 31 $526,000 Common shares: (38,000) Balance, Jan. 1 $488,000 Shares issued Shares reacquired Balance, Dec. 31 $1,438,000 386,000 (77,000) $1,747,000 $860,000 166,000 (190,000) $836,000 (a) Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e-8. (45).) THE CERADYNE LIMITED Statement of Changes in Equity Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) THE CERADYNE LIMITED Statement of Changes in Equity AC Cor Common Shares Contributed Surplus Retained Earnings Balance Jan. 1 $ $ Issued common shares Common shares reacquired Net income Dividends declared Other comprehensive income Balance Dec. 31 $ $ $ THE CERADYNE LIMITED Statement of Changes in Equity Accumulated Other Comprehensive Income on Contributed Surplus Retained Earnings S Total $ A $ $ $