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The stockholdera's equity section of the balance sheet for Warren Corporabon on August 16, 2022. follows: (Cick the icon to vipw the data) On August 16, 2022, the market price of Wayen common stock was $20 per share. Warren deciared and distnbuterd a 10\%k stock cividend on mis date. Read the cequitements Requirement 1. Joumalize the deciaration and distribution of the 10% stock dividend, (Recond debits first, thent credis. Exclude expianaticna firam amy joumat eniries.] Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. 3. Why is total stockholders' equity unchanged by the stock dividend? 4. Suppose Warren had a cash balance of $530,000 on August 17,2022 . What is the maximum amount of cash dividends the company can declare? Requirement 1. Joumalize the declaration and distribution of the 10% stock dividend. (Record debits first, then credits. Exclude explanations from any joumal entries.) Requirement 2. Prepare the stockholders' equity secton of the baiance sheet after the stock dividend, (Enter the acoounta in the proper orderfor the stockholders' equity section of the balance sheet Use parentheses or a minus aign for nuinbers to be subtracted) Balance Sheet (Partial) shockholders' 1 quity Total paid-in capital Total stockholders' equity Requirement 3. Why is total stockholders' equity unchanged by the stock dividend? The etork rthulund diat not chance total stockholders' eault because the cornpany gave its shareholdors The company merely Requirement 4. Suppose DKhad a cash balance of $530,000 on August 17, 2022. What is the maximum amount of cash dividends the company can declare? DK's maximum cash dividends Data table

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