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Marin Company provides you with the following condensed balance sheet information:

Assets
Current assets				$ 41,700
Equity investments				60,000
Equipment (net)				227,600
Intangibles				55,500
Total assets				$384,800
Liabilities and Stockholders Equity
Current and long-term liabilities				$96,400
Stockholders equity
Common stock ($5 par)		$ 19,700
Paid-in capital in excess of par		107,300
Retained earnings		161,400		288,400
Total liabilities and stockholders equity				$384,800

For each of the following transactions, indicate the dollar impact (if any) on the following five items: (1) total assets, (2) common stock, (3) paid-in capital in excess of par, (4) retained earnings, and (5) stockholders equity. (Each situation is independent.) (a) Marin declares and pays a $0.55 per share cash dividend.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(b) Marin declares and issues a 10% stock dividend when the market price of the stock is $15 per share.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(c) Marin declares and issues a 26% stock dividend when the market price of the stock is $16 per share.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(d) Marin declares and distributes a property dividend. Marin gives one share of its equity investment (ABC stock) for every two shares of Marin Company stock held. Marin owns 10,000 shares of ABC. ABC is selling for $10 per share on the date the property dividend is declared.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

(e) Marin declares a 3-for-1 stock split and issues new shares.

(1)		Total assets		decreaseincreaseno effect		$
(2)		Common stock		decreaseincreaseno effect		$
(3)		Paid-in capital in excess of par		decreaseincreaseno effect		$
(4)		Retained earnings		decreaseincreaseno effect		$
(5)		Total stockholders equity		decreaseincreaseno effect		$

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