Problem 15-8 Pearl Company provides you with the following condensed balance sheet information: Assets Current assets Equity investments Equipment (net) Intangibles 41,600 62,400 232,400 60,500 $396,900 Total assets Liabilities and Stockholders' Equity Current and long-term liabilities Stockholders' equity $102,400 Common stock ($5 par) Paid-in capital in excess of par Retained earnings 18,800 112,900 162,800 294,500 Total liabilities and stockholders' equity $396,900 For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total assets, (2) common stock, (3) pald-in capital in excess of par, (4) retained earnings, and (5) stockholders' equity. (Each situation is independent.) (a) Pearl declares and pays a $0.60 per share cash dividend. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earning:s (5) Total stockholders' equity (b) Pearl declares and issues a 10% stock dividend when the market price of the stock is $13 per share. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earning:s (5) Total stockholders' equity (c) Pearl declares and issues a 30% stock dividend when the market price of the stock is $15 per share. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earnings (5) Total stockholders' equity (d) Pearl declares and distributes a property dividend. Pearl gives one share of its equity investment (ABC stock) ror every two shares or Pearl Company stock held. Pearl owns 10,400 shares or ABC. ABC is selling ror $10 per share on the date the property dividend is declared. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earnings (5) Total stockholders' equity (e) Pearl declares a 2-for-1 stock split and issues new shares. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earnings (5) Total stockholders' equity