Scenario 1 On June 30, 2018, after preparing the stockholders' equity section shown above, the company declared and immediately distributed a 95% stock dividend. The market price on the date of declaration was $9. The company recorded the stock dividends by debiting retained earnings. a) Calculate the ending balance of retained earnings after the stock dividend. EFG Corporation Calculation of Retained Earnings For the Month Ended June 30, 2018 Opening Balance 660000 Less: Stock Dividend 192000 Balance - June 30, 2018 468000 X X

Scenario 1 On June 30,2018 , after preparing the stockholders' equity section shown above, the company deciared and immediately distributed a 95% stock dividend. The market price on the date of declaration was $9. The company recorded the stock dividends by debiting retained earnings. a) Calculate the ending balance of retained earnings after the stock dividend b) Prepare the stockholders' equity section of bulance sheet as at June 30,2018 (after the stock dividend has been distributed). Do not enter dotlarsions or commas in the input boxes Scenario 1 On June 30,2018 , after preparing the stockholders' equity section shown above, the compary declared and immediately distributed a 956 stock dividend. The market price on the date of declaration was $9. The company recorded the stock dwidends by debiting retained eamings a) Caiculate the ending balarice of tetained earnings atter the stock dividend b) Prepare the stockholders' equity section of balance sheet as at June 30,2018 (after the stock dividend has been distributed). Scenario 2 On June 30,2018 , after preparing the stockholders' equity section shown at the beginning of this question (excluding Scenario 1), the company implemented a 4-for-1 stock split. a) Calculate the number of outstanding shares. Outstanding shares: shares b) Prepare the stockholders' equity section of the balance sheet as at June 30,2018 (after the stock split). Scenario 1 On June 30,2018 , after preparing the stockholders' equity section shown above, the company deciared and immediately distributed a 95% stock dividend. The market price on the date of declaration was $9. The company recorded the stock dividends by debiting retained earnings. a) Calculate the ending balance of retained earnings after the stock dividend b) Prepare the stockholders' equity section of bulance sheet as at June 30,2018 (after the stock dividend has been distributed). Do not enter dotlarsions or commas in the input boxes Scenario 1 On June 30,2018 , after preparing the stockholders' equity section shown above, the compary declared and immediately distributed a 956 stock dividend. The market price on the date of declaration was $9. The company recorded the stock dwidends by debiting retained eamings a) Caiculate the ending balarice of tetained earnings atter the stock dividend b) Prepare the stockholders' equity section of balance sheet as at June 30,2018 (after the stock dividend has been distributed). Scenario 2 On June 30,2018 , after preparing the stockholders' equity section shown at the beginning of this question (excluding Scenario 1), the company implemented a 4-for-1 stock split. a) Calculate the number of outstanding shares. Outstanding shares: shares b) Prepare the stockholders' equity section of the balance sheet as at June 30,2018 (after the stock split)