The following condensed balance sheet information has been prepared by the controller of

	N2N2 Company
	Balance Sheet
	December 31, 2016
Assets
Current assets	$ 40,000
Investments in equity securities (10,000 shares)	60,000
Equipment, net	250,000
Intangibles	60,000
Total Assets	410,000
Liabilities and Equity
Current liabilities	75,000
Non-current liabilities	25,000
Common stock ($5 par)	20,000
Paid in capital in excess of par	110,000
Retained earnings	180,000
Total Liabilities and Equity	410,000

Using the attached T-account template, prepare the entries to recognize the following transactions.

Declares and pays a $ 0.50 per share cash dividend

Declares and issues a 10% stock dividend when the market price of the stock is $14 per share

Declares and issues a 30% stock dividend when the market price of the stock is $15 per share

Declares and issues a property dividend as follows. N2N2 gives one share of its investment in equity securities for every 2 shares that a N2N2 investor holds of N2N2 common stock. The equity investment shares are selling for $10 per share, in an active market, on the date the property dividend is declared by the board of directors.

Declares a 2 for 1 stock split and issues new shares to the stockholders