Which of the following statements is false? The declaration of a cash dividend creates a liability as of the date of record. The date of record is irrelevant with respect to recording a liability for a cash dividend The dividend payment date is when the dividend liability is reduced The dividend liability for a cash dividend a created on the declaration date. Which of the following statements is correct? A 2-for-1 common stock split decreases retained earnings and increases contributed capital. A 10% common stock dividend decreases both contributed capital and total stockholders' equity. A 2-for-1 common stock split increases both the number of common shares outstanding and total stockholders' equity. A 30% common stock dividend increases the number of common shares outstanding but does not affect total stockholders' equity. A company reported total stockholders' equity of $170.000 on its balance sheet dated December 31 2014. During the year ended December 31, 2015. the company reported net income of $20 000. declared and paid a cash dividend of $4,000, declared and debuted a 10% stock dividend with a $5,000 total market value, and issued additional common stock for $40,000 What is total stockholders' equity as of December 31, 2015? $234,000 $226,000. $231,000 $221,000