1. A firm issues a three-year 9% stated rate bond on July 1, 2017. The principal is $400,000 and the annual effective interest rate is 6%. Coupons are paid semi-annually (on June 30 and December 31 each year). Show all journal entries associated with this bond

2. A firm issues a three-year 8% stated rate bond on January 1, 2016. The principal is $100,000 and the annual effective interest rate is 9%. Coupons are paid annually (on December 31 each year). On January 1, 2018, the bond is repurchased at 98% of par. Show the journal entry for the repurchase

3. The board of directors is deciding whether to declare and pay a cash dividend or to declare and distribute a stock dividend. Complete the following chart to show the overall effect on each financial statement item for cash dividend and a stock dividend. Enter the letter "I" if the effect of the dividend is to increase the financial statement item, a letter "D" if the effect of the dividend is to decrease the financial statement item, or a letter "N" if there is no overall effect. Item on Financial Statement Cash Dividend (Declared & Paid) Stock Dividend Assets Liabilities Common Stock Retained Earnings Total Stockholders Equity Net Income

4. A company reported total stockholders' equity of $170,000 on its balance sheet dated December 31, 2018. During the year ended December 31, 2019, the company reported net income of $20,000, declared and paid a cash dividend of $4,000, declared and distributed a 10% stock dividend with a $5,000 total market value, and issued additional common stock for $40,000. What is total stockholders' equity as of December 31, 2019