The following information is from 2019 statement of stockholders' equity for Dynegy, Inc. 20194 2018- Stockholders' equity (in millions, except shares)- Common stock, par value $0.01 (100,202,036 shares issued 2019; 99,999,196 shares issued 2018) Additional paid-in capital- Accumulated other comprehensive income, net of tax Retained Earnings Total Dynegy stockholders' equity- Noncontrolling interest Total Equity $ 12 2,614 584 1,5372 4,2104 (3) $4,2072 $ 1 2,5982 112 1,8934 4,50326 084 $4,5034 Dynegy has 420 million shares of common stock authorized. Assume the following transactions occurred during the 2020.4 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 $0.0054 Issue a stock dividend of 10% of the outstanding shares of common stock while the shares were trading at $30 per share. Repurchased 300,000 of common share for $32 cash per share for treasury. Reissued 150,000 shares of the treasury stock for $35 cash per share. Reissued another 100,000 shares of the treasury stock for $27 cash per share. Oct 2 Nov 1 Dec 10 Required: a. Prepare journal entries to record the above transactions. b. How did the cash dividend affect the company's profitability for the year?- What effects does the stock split have on Dynegy's financial statements? d. What effects does the stock split have on an individual stockholder? H C