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Exis 15.02 Founder Corporation was organized by ary 1, 2020. It is authened to 9.300 handsor. 5100 par valve erret stock, and 50, 100 shofno-par common to whated value of $1 per share. The following stock transactions were completed during the first year Jan. 10 d 0.50 shares of common stock for cash 17h Mar. 1 te 5.680 hares of preferred stock for ca 112 per share Apr1 sued 24,570 shares of common stock for land. The price of the band was 90,100; the value of the land was 0.00 May Issued 0,560 rominent for that persa Aug sued 9.300 shares of common stock to toys in payment of the of $45.000 foring the com Set I,100 shares of como for share Now med 1,000 hs of preferred to oth 5117 on the imal entries to record the beach (cedit accounts are statically intended when the stores considentit entry is centry for the commande for the Du ont This plaatio Det Cro Nhis AON ERGO PULER Exercise 15-13 a-b The common stock of Marin Inc. is currently selling at $113 per share. The directors wish to reduce the share price and increase share volume prior to a new. The per shows 10, book value is $58 per share. 8.40 million shares are issued and outstanding Prepare the necessary journal entries assuming the following. (Enter amounts in dollars. Cred count are automatically indeed when amount inter Deindent manually. If no entry is required, select "No Entry for the account titles and enter for the amount) (a) The board votes a 2-for stock split (b) The board votes a 100% stock dividend No. Account Tides and Explanation (a) Debit Credit

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