On October 15, 2021, a 5% stock dividend was declared and distributed. The fair value of the common stock on this date was $31.4 per share. Fractional share rights represented 100,000 shares. Cash was paid in lieu of issuing fractional share rights. On the date of declaration and payment, the company had 11.6 million shares of common stock outstanding. The par of the common shares was $5 per share.

There's a cartoon that has become a social media meme. two pigs are chatting. the first pig says, "isn't it great? we have to pay nothing for the barn." the second pig replies. "yeah! and even the food is free." this cartoon is frequently linked to a quote that goes something like this: "if you're not paying for it, you're not the customer; you're the product being sold." what do these statements imply about social media? what are the specific ways that social media users become a product that is being sold?