Question 7 Match each item/event pair below with the indicated change in the item. An individual classification may be used more than once, or not at all. For each dividend, assume that both declaration and payment or distribution has occurred. Item Event Classifications 1. Par value per share Stock split 2. Total retained earnings Stock dividend Item decreases Item increases Item is unchanged Direction of change cannot be determined 3. Total stockholders' equity Prior period adjustment increases last year's net income 4. Earnings per common share Restriction of retained Earnings 5. Total retained earnings Cash dividend 6. Total paid-in capital Stock dividend