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Reguleinent a. Declaration of cash dividends of $60 milion. b. Payment of the cash dividend in (a) c. A 20% stock dividend Before the dividend,

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Reguleinent a. Declaration of cash dividends of $60 milion. b. Payment of the cash dividend in (a) c. A 20% stock dividend Before the dividend, 66 milion shares of $3.00 par common stock were outstanding the market value was $19.88 at the time of the dividend d. A 30% stock dividend. Before the dividend, 66 milion shares of 53.00 par common stock were outstanding. the market value was $13.75 at the time of the dividend e. Purchase of 2,600 shares of treasury stock (par value $3.00 ) at $15.00 per share. 1. Sale of 500 shares of the treasury stock for $17.00 per share. Cost of the treasury stock was $1500 per ahare. 9. A 2. for-1 stock split. Prior to the split, 66 mallion shares of 53.00 par common stock were outstanding (1) (2) (3) (4) (5) (6) (7) Requirement 1. Identify the effects - both the direction and the dollar amount-of these transactions on the total stockholders' equity of Athol Corporation. Each transaction is independent (Enter amounts in dollars. For example, enter 10 million as 10,000,000. For transactions that have no effect on total stockholders' equity, enter a "0" in the Amount column.) a. Declaration of cash dividends of $80 million. b. Payment of the cash dividend in (a). c. A 20% stock dividend. Before the dividend, 66 million shares of $3.00 par common stock were outstanding: the market value was $19.88 at the time of the dividend d. A 30% stock dividend. Before the dividend, 66 million shares of $3.00 par common stock were outstanding, the market value was $13.75 at the time of the dividend. e. Purchase of 2,600 shares of treasury stock (par value $3.00 ) at $15.00 per share f. Sale of 500 shares of the treasury stock for $17.00 per share. Cost of the treasury stock was $15.00 per share 9. A 2 -for-1 stock split. Prior to the split, 66 million shares of $3.00 par common stock were outstanding (1) (2) (3) (4) (5) \begin{tabular}{|l|l|l|l|l|l|} \hline Decrease & Decrease & Decrease & Decrease & Decrease \\ Increase & Increase & increase & Increase & Increase \\ No Effect & No Effect & No Effect & NoEffect & No Effect \end{tabular} (6) (7) \begin{tabular}{|c|c|c|} \hline Decrease & Decrease \\ \hline Increase & Increase \\ wubinninton & & \end{tabular}

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