The stockholders' equity of Hammel Company at December 31, 2016, is shown below.

5% preferred stock, $100 par value, 10,000 shares authorized; 6,000 shares issued and outstanding	$600,000
Common stock, $5 par value, 200,000 shares authorized; 70,000 shares issued and outstanding	350,000
Paid-in capital in excess of par valuepreferred stock	50,000
Paid-in capital in excess of par valuecommon stock	400,000
Retained earnings	747,000
Total stockholders' equity	$2,147,000

The following transactions, among others, occurred during 2017: Apr. 1 Declared and issued a 100% stock dividend on all outstanding shares of common stock. The market value of the stock was $14 per share.

Use the financial statement effects template to indicate the effects of these separate transactions.

Use negative signs with answers, when appropriate.

Transaction	Cash Asset	+	Noncash Assets	=	Liabilities	+	Contributed Capital	+	Earned Capital
Apr. 1	Answer		Answer		Answer		Answer