The stockholders equity section of Ardvark Corporation s December 31, 2002, balance sheet included the following items:

Common stock ($20 par, 250,000 shares authorized,

50,000 shares issued and outstanding)..

$1,000,000

Paid in capital in excess of par, common stock

1,500,000

Retained earnings.

2,000,000

Record the following transactions for 2003:

a. On March 1, Ardvark declared and issued a 25% stock dividend on common stock. The market price of the stock was $40 per share on that date.

b. On June 30, a 4 for 1 stock split was declared.

c. On September 15, a 10% stock dividend on common stock was declared and distributed.

The market price of the stock was $30 per share on the dividend date.