On January 1, 2014, Mather Corporation had Retained Earnings of $625,000. During the year, Mather had the following selected transactions: 1. Declared...

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On January 1, 2014, Mather Corporation had Retained Earnings of $625,000. During the year, Mather had the following selected transactions:

1.		Declared stock dividends of $40,000.
2.		Declared cash dividends of $50,000.
3.		A 2 for 1 stock split involving the issue of 200,000 shares of $5 par value common stock for 100,000 shares of $10 par value common stock.
4.		Suffered a net loss of $80,000.

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