QIII. (30 Points) On January 1, 2022, Mega Corporation had the following stockholders' equity accounts: Common Stock ($10 par value, 100,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value: Retained Earnings $1,000,000 500,000 3,500,000 During year 2022, the following transactions occurred: March 1 Declared a $2 cash dividend per share to stockholders of record on March 12. payable April 1. April 1 Paid the dividend declared in March. May 1 Announced a 2-for-1 stock split. July 1 Declared a10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $7 per share. July 31 Issued the shares for the stock dividend.

QIII. (30 Points) On January 1, 2022. Mega Corporation had the following stockholders equity During year 2022, the following transactions occurred: March 1 Declared a $2 cash dividend per share to stockholders of record on March 12. payable April 1. Apnil 1 Paid the dividend declared in March. May 1 Announced a 2 -tor-1 stock split. July 1 Declared 310% stock dividend to stockholders of record on July 15. distributable July 31 . On July 1, the market price of the stock was $7 per share. July 31 issued the shares for the stock dividend. QIII. (30 Points) On January 1, 2022. Mega Corporation had the following stockholders equity During year 2022, the following transactions occurred: March 1 Declared a $2 cash dividend per share to stockholders of record on March 12. payable April 1. Apnil 1 Paid the dividend declared in March. May 1 Announced a 2 -tor-1 stock split. July 1 Declared 310% stock dividend to stockholders of record on July 15. distributable July 31 . On July 1, the market price of the stock was $7 per share. July 31 issued the shares for the stock dividend