Sammy, Inc. had 360,000 shares of $2 par value common stock issued and outstanding as of July 15, 2016. The company is authorized to issue 1,000,000 common shares. On July 15, 2016, Sammy declared a 50% stock dividend when the market value for Sammy's common stock was $5 per share. The stock was issued on Jul. 30. Journalize the declaration and distribution of the stock dividend. How many shares of common stock are outstanding after the dividend?

1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19