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ansactions on the total stockholders' equity of Dracut Corporation. Each transaction is in ity, enter a "0 in the Amount column.) More Info Declaration of cash dividends of $83 million. a. b. Payment of the cash dividend in (a). c. A 25% stock dividend. Before the dividend, 75 million shares of $3.00 par common stock were outstanding; the market value was $12.87 at the time of the dividend. d. A 30% stock dividend. Before the dividend, 75 million shares of $3.00 par common stock were outstanding; the market value was $14.50 at the time of the dividend. e. Purchase of 2,300 shares of treasury stock (par value $3.00) at $14.00 per share. Sale of 600 shares of the treasury stock for $15.00 per share. Cost of the treasury stock was $14.00 per share. g. A 2-for-1 stock split. Prior to the split, 75 million shares of $3.00 par common f. outstanding. stock were Print Done tinue to the next question. MacBook A ES E4 Effect on total stockholders' equity Amount a. b. Decrease C. Increase d. No Effect ETect on tota stockholders' equity Amount e. f. g. InIs Quir: 6 pts pos Consider the folowing assumed transacions of Dracut Corporation (Click the icon to view the transactions) Requirement 1. Identfy the ofects-bolh the direction and the dollar amount-of these transactions on the total slockholdens oquity of Dracut Corponation Each transaction is independent. (Enter amounts in dollars. For example, anter 10 million as 10,000,000. For transactions that have no offect on total slockholders equity, enter a "0 in the Amount column) 6 of 6 This Quiz: 6 pts po Consider the following assumed transactions of Dracut Corponaon (Cick the icon to viaw the transactions) Requirements 1. Identfy the offects-both the dinection and the dollar amount-of these transacions on he total stockholders equity of Dracut Corporation. Each transacion is indapendent. (Enter amounts in dollars. For example, enter 10 million as 10,000,000. For transactions that have no effect on total stockholders quity, enter a " in the Amount column) Effect on total stockholders aquity Amount More Info a Decrease a Decianation of cash dividends of $83 milion b. Payment of the cash dividend in (a) Inorease No Effect A 26% stock dividend. Before the dividend, 75 million shares of $3.00 par common stock were outslanding the marke value was $12 87 at the time of the dividend e emeer on tou Amount wtockholders' equty d. A 30% stock dividend. Before the dividend, 75 mlon shares of $3.00 par oommon stock were outstanding the market value was $14.50 at the time of the dividend Purchase of 2,300 shares of treasury stock (par value $3.00) at $14.00 per share. Sale of 600 shares of the reasury stock for $15.00 per share Cost of the treasury stock was $14.00 per share A2-for-1 stock spit Prior to the spit 75mion shares of $3.00 par common stock were oustanding Print Done