Question: At December 31, Artists Unlimited Company had the following stockholders' equity components that would be part of the balance sheet: Required: The company is

At December 31, Artists Unlimited Company had the following stockholders' equity components 

At December 31, Artists Unlimited Company had the following stockholders' equity components that would be part of the balance sheet: Required: The company is considering three alternative distributions to stockholders. Consider each alternative independently of the others. Complete the table above and show the effect on stockholders' equity as a result of each of these distributions. Use information in column B to complete columns C, D, and E. 1) Issue a 100% stock dividend. OR 2) Execute a 2-for-1 stock split. OR 3) Distribute a $5,000 cash dividend. Stockholders' Equity Contributed Capital: Number of common shares outstanding Par value per common share Common Stock, at par Additional Paid-in Capital Total Contributed Capital Retained Earnings Total Stockholders' Equity 100% 2 $5,000 At Dec 31 5,000 $1.00 $5,000 745,000 750,000 980,000 $1,730,000 Stock Dividend 2 for 1 Stock Split Cash Dividend

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