nswer follow question .Answer within 25 minutes . I will give you 3 upvote if answer is correct. Do fast

(a) Explain the effects of the cash dividend and stock dividend on a company's balance sheet. (3) (b) Orbit company reported the following balances at December 31. 2020: Common stock $700,000 Share premium 100,000 Retained earnings 300,000 During 2021, the following transactions affected shareholders' equity (1) Issued preferred stock with a par value of $150,000 for 250,000 (ii) Purchased treasury stock (common) for 60,000. (ii) Earned net income of $200,000. (iv) Declared and paid cash dividends of $70,000. (c) Prepare the stockholders' equity section of Orbit company's December 31, 2021, balance sheet. (8) (d) Calculate book value per share both at 31 December 2020 and 31 December 2021. (4) (a) Explain the effects of the cash dividend and stock dividend on a company's balance sheet. (3) (b) Orbit company reported the following balances at December 31. 2020: Common stock $700,000 Share premium 100,000 Retained earnings 300,000 During 2021, the following transactions affected shareholders' equity (1) Issued preferred stock with a par value of $150,000 for 250,000 (ii) Purchased treasury stock (common) for 60,000. (ii) Earned net income of $200,000. (iv) Declared and paid cash dividends of $70,000. (c) Prepare the stockholders' equity section of Orbit company's December 31, 2021, balance sheet. (8) (d) Calculate book value per share both at 31 December 2020 and 31 December 2021. (4)