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

Assets
Current assets				$ 40,000
Equity investments				60,000
Equipment (net)				250,000
Intangibles				60,000
Total assets				$410,000
Liabilities and Stockholders Equity
Current and long-term liabilities				$100,000
Stockholders equity
Common stock ($5 par)		$ 20,000
Paid-in capital in excess of par		110,000
Retained earnings		180,000		310,000
Total liabilities and stockholders equity				$410,000

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 $0.50 per share cash dividend.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(b) Myers declares and issues a 10% stock dividend when the market price of the stock is $14 per share.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(c) Myers declares and issues a 30% stock dividend when the market price of the stock is $15 per share.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(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. Myers owns 10,000 shares of ABC. ABC is selling for $10 per share on the date the property dividend is declared.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(e) Myers declares a 2-for-1 stock split and issues new shares.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$