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The board of directors of Capstone incorporated declared a $0.70 per share cash dividend on its $1 par common stock. On the date of declaration, there were 47,000 shares authorized, 21,000 shares issued, and 3,000 shares heid as treasury stock. What is the entry when the dividends are declared? Nuttiple Choice Option D Option C Option B Roberto Designers was organized on January 1,2024. The firm was authorized to is\$ue 130,000 shares of $5 par value common stock. During 2024 , Fioberto had the following transactions relating to stockholders' equty: 1. Issued 13,000 shares of common stock at $7 per share. 2. Issued 26,000 shates of common stock at $8 per share. 3. Reported a net income of $130,000. 4. Paid dividends of $65,000. 5. Purchased 4,000 shares of treasury stock at $10 (part of the 26,000 shares issued at $8 ). What is total stockholders' equity ot the end of 2024 ? Multiple Cheice $324,000 $753.000 $623,000 $350,000 Calfornia Adventures issues 5,000 shares of 8%,$100 par value preferred stock at the beginning of 2023. All remaining shares are common stock. The company was not able to pay dividends in 2023 , but plans to pay dividends of $100,000 in 2024 . Assuming the preferred stock is cumulative, how much of the $100,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2024 ? Multiple Cholce $40,000 to peeferred stockholders and $60,000 1o cammon stochtiolders $20,000 to preferred stockhaiders and $80,000 to commen stockholders $100,000 to preferred stockholders and $0 to common stockhoiden $80.000 to prefecred stockhoiders and $20000 to commen stockholders On February 22 , Brett Corporation acquired 190 shares of its $4 par value common stock for $26 each. On March 15, the company resold 61 shares for $30 coch. What is truc of the entry for reseling the shares? Murtiple Choice Creda Cash $1586 Crean Additional Paldin Captal \$244 Debi Treasary Stock $1,586 Credt Treasury Slock 5430

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