Required: a. Use a financial statement effects template to record the three transactions. b. How did the cash dividend affect the company's profitability for the year? What effect does the stock split have on Dynegy's financial statements and the effects does the stock split have on an individual stockholders?

3. The following information is from 2013 statement of stockholders' equity for Dynegy, Inc. 2013 2012 Stockholders' equity (in millions, except shares Common stock, par value $0.01 (100,202,036 shares issued 2013; 99,999,196 shares issued 2012) Additional paid-in capital Accumulated other comprehensive income, net of tax Accumulated deficit Total Dynegy stockholders' equity Noncontrolling interest Total Equity 2,614 58 463 2,210 3 $2,207 2,598 107 2,503 0 $2,503 Dynegy has 420 million shares of common stock authorized. Assume the following transactions occurred during the 2014. Mar 10 May 6 Aug 25 Declare and pay a cash dividend of $1.75 per share Split stock 2-for-1 reducing the par value of the stock to $0.005 Issue a large stock dividend of 80% of the outstanding shares of common stock