The questions are shown in the picture 2

'Question#2: Financial Statement Effects of Stock Transactions The following infonnation is from 2919 statement of stockholders\" equity forgmegy, Inc. Stockholders' equity (in millions, except shares) 2919 2919 Common stock, par value $9.91 [199,292,939 shares issued 2919; 99,999,199 shares issued 2919} $ 1 $ 1 Additional paidin capital 2,914 2,599 Accumulated other comprehensive income, net of tax 59 11 Retained Earnings 1,53? 1,993 Total gmegy stockholders' equity 4,219 4,593 Noncontrolling interest (3) 9 Total Equity $4,29? $4,593 W has 429 million shares of common stock authorized. Assume the following transactions occurred dunng the 2929. Mar 19 Declare and pay a cash dividend of$1.?5 per share. May 9 Split stock 2for1 reducing the par value ofthe stock to $9.995 Aug 25 Issue a stock dividend of 19% of the outstanding shares of common stock while the shares were trading at $39 per share. Oct 2 Repurchased 399,999 of common share for $32 cash per share for treasury. Nov 1 Reissued 159,999 shares ofthe treasury stock for $35 cash per share. Dec 19 Reissued another 199,999 shares ofthe treasury stock for $2? cash per share. Required: a. Preparejoumal entries to record the above transactions. 5. Howdid the cash dividend affect the companys protability for the year? . What effects does the stock split have on Dynegys f nancIal statements\"? d. What effects does the stock split have on an individual stockholder