that was all the information j was provided with. maybe you can pass it to someone else.

1. Following is the shareholders' equity section of Morgan Supplies on a day its common stock is trading at $77 per share Common stock ($2 par value, 30,000 shares issued and outstanding) | $ 60,000 Additional paid-in capital on common stock 1,200,000 Retained earnings 3,000,000 Required: a. Use the financial statement template below to show the financial statement effects of the following dividend events. (Assume that the events are independent.) (1) Cash dividend declaration and payment of $1 per share (2) Property dividend declaration and payment of shares representing a short-term investment in Screen Products, Ltd., with a fair value of $15,000 (3) 10 percent stock dividend (4) 100 percent stock dividend (5) 3-for-1 stock split (6) 1-for-2 reverse stock split Shareholders' Equity Assets =l Liabilities + Aoci + RE Journal entry! b. Which events changed the book value of common equity? c. Under what conditions will these events lead to future increases and decreases in ROE? 1. Following is the shareholders' equity section of Morgan Supplies on a day its common stock is trading at $77 per share Common stock ($2 par value, 30,000 shares issued and outstanding) | $ 60,000 Additional paid-in capital on common stock 1,200,000 Retained earnings 3,000,000 Required: a. Use the financial statement template below to show the financial statement effects of the following dividend events. (Assume that the events are independent.) (1) Cash dividend declaration and payment of $1 per share (2) Property dividend declaration and payment of shares representing a short-term investment in Screen Products, Ltd., with a fair value of $15,000 (3) 10 percent stock dividend (4) 100 percent stock dividend (5) 3-for-1 stock split (6) 1-for-2 reverse stock split Shareholders' Equity Assets =l Liabilities + Aoci + RE Journal entry! b. Which events changed the book value of common equity? c. Under what conditions will these events lead to future increases and decreases in ROE