The HASF company shareholders equity account as of December 2010 is as follow

Common stock (10 per value 100,000 share) 1,000,000

Additional paid in capital 300,000

Retained earnings s 1,000,000

Currently company is under pressure from shareholders to pay some dividends cash balance is 100,000 all of which is needed for transactions purposes the stock is trading for 15 a share

Reformulate the share holders equity account if the company pays a 15% stock dividends

Reformulate the share holders equity account if the company pays a 25% stock dividends

Find out EPS in both cases if net income

is 500,000