;

Myers Company provides you with the following condensed balance sheet information.

Assets
Current assets	$47,200
Equity investments (ABC stock; 10,160 shares at cost)	40,640
Equipment (net)	258,800
Intangibles	60,500
Total assets	$407,140
Liabilities and Stockholders Equity
Current and long-term liabilities	$107,700
Stockholders equity
Common stock ($5 par)	$35,400
Paid-in capital in excess of par	118,400
Retained earnings	145,640	299,440
Total liabilities and stockholders equity	$407,140

For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total assets, (2) common stock, (3) paid-in capital in excess of par, (4) retained earnings, and (5) stockholders equity. (Each situation is independent.)

(a)Myers declares and pays a $0.59per share cash dividend.

(b)Myers declares and issues a10% stock dividend when the market price of the stock is $14per share.

(c)Myers declares and issues a40% stock dividend when the market price of the stock is $16per share.

(d)Myers declares and distributes a property dividend. Myers gives one share of its equity investment (ABC stock) for every two shares of Myers Company stock held. ABC is selling for $11per share on the date the property dividend is declared.

(e)Myers declares a3-for-1 stock split and issues new shares.