Q4: Cash Dividend, Stock Dividend and Stock Splits ( 20 points) The stockholder's equity accounts of AT&T company have the following balances on December 31, 2019: Common stock, $10 par, 300,000 shares issued and outstanding $3,000,000 Paid-in capital in excess of par-common stock $1,200,000 Retained earnings $5,600,000 Shares of AT&T company stock are currently selling on the Stock Exchange at $30. Instructions: Prepare journal entry for the following independent transactions. (a) A cash dividend of $1 per share on 300,000 shares is declared on Dec 31, 2019, and payable on Jan 30, 2020. (b) A stock dividend of 5% is declared on Dec 31, 2019 and issued on Jan 30, 2020. (c) A 2-for-1 stock split is declared and issued