The following table fists four selected transactions. Each transaction is INDEPENDENTI REQUIRED: For each transaction, indicate the impact on the CARRYING VALUE (5) of the following four items: (1) total assets, (2) common shares, (3) retained earnings, and (4) total shareholders' equity. Only the blue cells need to be completed. Use the drop-down boxes to help state your answer. If there is no effect, make sure you select so. Carrying values (S) Common Retained Transaction Total Assets Shareholders Shares Earnings Equity Total (1). XYZ Co. has a very prosperous year and reports a net income of $1 Million. (2). On December 12, the company declares a $1.50 cash dividend to its common shareholders. The dividend will be paid on or about January 15 of the following voor = Cover Sheet Q1 Q2 Q3 Q4 05-DATA Q5-REQUIRED Q6 Q7 Q8 09 Drop-down Lists + Mode: Automatic Workbook Statistics Aman) Transaction Total Assets Common Shares Retained Earnings Total Shareholders Equity (1) XYZ Co, has a very prosperous year and reports a net income of $1 Million (2). On December 12, the company declares a $1.50 cash dividend to its common shareholders. The dividend will be paid on or about January 15 of 11 the following year 12 (3). A company declares and issues a 5% stock dividend at their fair value when the shares 13 market price is $8.00 per share. + (4). The company declares a 5-for-1 stock split and issues new shares. + Cover Sheet Q1 Q2 Q3 04 Q5 DATA 05-REQUIRED Q6 Q7 Q8 09 Drop-down Lists + on Mode: Automatic Workbook Statistics