(Answered) Cash- 28000000common stock-50 par 2000000 shares

Finance

Cash- $28,000,000
Common stock-($50 par; 2,000,000 shares outstanding- 100,000
Additional paid in capital- 10,000
Retained earnings- 62,000,000

How would each of these accounts appear after:

a. A cash dividend of $1 per share?
b. A 5 percent stock dividend (fair market value is $100 per share)?

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