Listed below are the transactions that affected the shareholders equity of Branch-Rickie Corporation during the period 20162018. At December 31, 2015, the corporations accounts included:

	($ in 000s)
Common stock, 113 million shares at $1 par	$	113,000
Paid-in capitalexcess of par		678,000
Retained earnings		920,000

a.

November 1, 2016, the board of directors declared a cash dividend of $0.50 per share on its common shares, payable to shareholders of record November 15, to be paid December 1.

b.

On March 1, 2017, the board of directors declared a property dividend consisting of corporate bonds of Warner Corporation that Branch-Rickie was holding as an investment. The bonds had a fair value of $2.9 million, but were purchased two years previously for $2.5 million. Because they were intended to be held to maturity, the bonds had not been previously written up. The property dividend was payable to shareholders of record March 13, to be distributed April 5.

c.

On July 12, 2017, the corporation declared and distributed a 4% common stock dividend (when the market value of the common stock was $21 per share). Cash was paid in lieu of fractional shares representing 520,000 equivalent whole shares.

d.

On November 1, 2017, the board of directors declared a cash dividend of $0.50 per share on its common shares, payable to shareholders of record November 15, to be paid December 1.

e.

On January 15, 2018, the board of directors declared and distributed a 3-for-2 stock split effected in the form of a 50% stock dividend when the market value of the common stock was $22 per share.

f.

On November 1, 2018, the board of directors declared a cash dividend of $0.35 per share on its common shares, payable to shareholders of record November 15, to be paid December 1.

Prepare comparative statements of shareholders equity for Branch-Rickie for the three-year period. Net income was $395 million, $460 million, and $520 million for 2016, 2017, and 2018, respectively. (Negative amounts should be indicated by a minus sign. Enter your answers in thousands (000's).)

| iPad 2:15 PM Listed below are the transactions that affected the shareholders' equity of Branch-Rckie Corporation during the period 2016-2018. At December 31, 2015, the corporation's accounts inoluded: Common stock, 113 million shares at $1 par $113,000 Paid-in capital excess of par Retained earmings 920,000 a. November 1, 2016, the board of directors declared a cash dividend of $0.50 per share on its common shares, payable lo shareholders of record November 15, to be paid December 1 b. On March 1,2017, the board of directors declared a property dividend consisting of corporate bonds of Wamer Corporation that Branch-Rickie was holding as an investment. The bonds had a fair value of $2.9 million, but were purchased two years previously for $2.5 million Because they were intended to be held to maturity, the bonds had not been previously written up. The property dividend was payable to shareholders of record March 13, to be distrbuted April 5 On July 12, 2017, the corporaton declared and dstituted a 4% common stock dividend (when the market value of the common stock was $21 per share) Cash was paid in lieu of actional shares representing 520,000equivalent whole shares On November 1, 2017, the board of directors declared a cash dividend of $0.50 per share on ts common shares, payable to shareholders of record November 15, to be paid December 1 On January 15, 2018the board of drectors dedared and distbuted a 34or-2 stock split effected in the form of a 50% slock dividend when the market value of the common stock was $22 per share. November 1, 2018, the board of directors declared a cash dividend of $0.35 per share on ts common shares, payable to shareholders of record November 15, to be paid December 1 d. e. On 1. Prepare the journal entries that Branch-Rickie recorded during the three-year period for these transactions. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars General Journal November of,Retained eamings 2016C 56,500.000 Cash dividends payable 56,500.000 No journal entry required Cash dividends payable 56,500.000 2016 s 56,500.000 hvestment in Wamer bonds 2017 Gain on appreciation of investment 00,000 Retained eamings 2,000,000 2017 Property dividends payable 2,900,000 March 13. No journail e entry required 2017 7 April 05, 2017 Property dividends payable 2,900,000 Investment in Wamer bonds 2,900,000 8 July 12, 2017 Retained eamings 94.920.000 Common stock 4,000,000 80,000.000 10,920,000 of par Cash November 01, Retained eamings 58,500.000