Datacom Services Inc. reported the following statement of changes in shareholders' equity for the year ended October 31, 2017.

Requirements
Answer these questions about Datacom Services's shareholders' equity transactions:
1. The income tax rate is 33%. How much income before income tax did Datacom report on the income statement?
2. What is the stated value of a common share at October 31, 2017?
3. At what price per share did Datacom Services issue its common shares during the year?
4. Datacom Services's statement lists the share transactions in the order they occurred. What was the percentage of the stock dividend?

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Datacom Services Inc Statement of Changes in Shareholders' Equity For the Year Ended October 31, 2017 Common SharesRetained Earn (in millions) Balance, Oct. 31, 2016, ings Total $904 360 (194) 675 shares outstanding Net i Cash dividends Issuance of shares (13 shares) Stock dividend (55 shares) Balance, Oct. 31, 2017 $2,025 $2,929 360 (194) 49 49 166 $2,240 (166) $904 $3,144