Problem 15-8 Blue Company provides you with the following condensed balance sheet information: Assets Current assets $ 42,500 Equity investments 63,000 Equipment (net) 233,500 Intangbles 57,000 $396,000 Total assets Liabilities and Stockholders' Equity $94,200 Current and long-tem liabilties Stockholders' equity Commen stock ($5 par) 19,900 Paid-in capital in excess of par 104,600 Retained earnings 177.300 301,800 Total lablities and stockholders' equity $396,000 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) Blue declares and pays a $0.50 per share cash dividend. Common ck 0) at cess ofpa (4)Rtaned g (e e (b) Blue declares and issues a 10 % stock dividend when the market price of the stock is $14 per share. T assets ( Cemmn ck aPain apitl in ecess of par (Retained eamings ()Tl okolders ty (c) Blue declares and issues a 30% stock dividend when the market price of the stock is $14 per share. tl asss ) Common ock Pa-in capital in excess of par (4) Retaned aming ( Tal oolders euty (d) Blue declares and distributes a property dividend. Blue gives one share of its equity investment (ABC stock) for every two shares of Blue Company stock held. Blue owns 10,500 shares of ABC. ABC is selling for $10 per share on the date the property dividend is declared. tl ass ) Common stck ()Pd-in capital in ecess of par (4)Rdaings ( skolerty (e) Blue declares a 2-for-1 stock split and issues new shares asses Common ck Pad-in captal in excess of pa (4)ted anings (5) Ttalsockholders quty