Shown below are some equity transactions for Vermillion Ltd., which reports under IFRS. For each, state whether common shares, retained earnings, and cash flow will increase, decrease, or remain unchanged. Quantify the amount of any increases or decreases. Transaction Issued 9,600 common shares at $2.85 per share. Declared a dividend of $0.55 per share. Issued 4,800 common shares in exchange for a piece of equipment. The company's shares were trading at $3.25 per share at the date of the transaction. The equipment had a retail value of $16,320. Paid the dividend of $0.55 that had been declared previously. Declared and distributed a 10% stock dividend. The company's shares were trading at $3.3 per share. Repurchased 1,920 common shares at a price of $3 per share. The repurchased shares were cancelled. Completed a 2-for-1 stock split. eTextbook and Media Save for Later Common Shares Retained Earnings Increase by $27,360 Decrease by $27,360 Increase by $5,280 Decrease by $5,280 Increase by $16,320 Decrease by $16,320 Increase by $4,752 Decrease by $4,752 Increase by $5,875 Decrease by $5,875 Unchanged < Cash Flow 5:0 of 3 used Submit Answer