Pranks, Inc. is a manufacturer of joke and novelty products for perpetrators of practical jokes. The corporation has paid several cash dividends throughout Year 6, the current year. It is also declaring a stock dividend to its stockholders as the calendar year-end approaches. Youve been brought in as a consultant to assist with this process, and also to help determine whether some missing information can be determined before the distribution of the stock dividend is made. The company has two classes of stock: common stock and cumulative preferred stock.

Youve been able to retrieve the following information so far:

Number of common shares authorized	800,000
Number of common shares issued	650,000
Par value of common shares	$20
Par value of cumulative preferred shares	$30
Paid-in capital in excess of par-common stock	$7,000,000
Paid-in capital in excess of par-preferred stock	$0
Total retained earnings before the stock dividend is declared	$33,500,000

	Total Cash	Preferred Dividends		Common Dividends
Year	Dividends	Total	Per Share	Total	Per Share
Year 1	40,000	40,000	0.20	0	0.00
Year 2	72,000	72,000	0.36	0	0.00
Year 3	122,000	68,000	0.34	54,000	0.09
Year 4	150,000	60,000	0.30	90,000	0.15
Year 5	168,000	60,000	0.30	108,000	0.18
Year 6	240,000	60,000	0.30	180,000	0.30

Fill in the missing information in the following table, using the information given and your work on the other panels. All "before" items are before the stock dividend was declared. All "after" items are after the stock dividend was declared and closing entries were recorded at the end of the year. $25,000,000V 33,500,000V $58,500,000V Total paid-in capital before the stock dividend Total retained earnings before the stock dividend Total stockholders' equity before the stock dividend Total paid-in capital after the stock dividendS Total retained earnings after the stock dividend Total stockholders' equity after the stock dividend $58,500,000V Fill in the missing information in the following table, using the information given and your work on the other panels. All "before" items are before the stock dividend was declared. All "after" items are after the stock dividend was declared and closing entries were recorded at the end of the year. $25,000,000V 33,500,000V $58,500,000V Total paid-in capital before the stock dividend Total retained earnings before the stock dividend Total stockholders' equity before the stock dividend Total paid-in capital after the stock dividendS Total retained earnings after the stock dividend Total stockholders' equity after the stock dividend $58,500,000V