On January Sandhill Corporation had the following stockholders' equity accounts.
Common Stock no par value, shares issued and outstanding $
Retained Earnings
During the year, the following transactions occurred.
Feb. Declared a $ cash dividend per share to stockholders of record on February payable March
Mar. Paid the dividend declared in February.
Apr. Announced a for stock split. Prior to the split, the market price per share was $
July Declared a stock dividend to stockholders of record on July distributable July On July the market price of the stock was $ per share.
Issued the shares for the stock dividend.
Dec Declared a $ per share dividend to stockholders of record on December payable January
Deterrined that net income for the year was $ information!
SANDHILL CORPORATION
Partial Balanoe SheetC
