1. Wildhorse, Inc., has 15100 shares of 4%, $100 par value, cumulative preferred stock and 59100 shares of $1 par value common stock outstanding at December 31, 2026. There were no dividends declared in 2024. The board of directors declares and pays a $118000 dividend in 2025 and 2026. What is the amount of dividends received by the common stockholders in 2026? $118000 $60400 O $54800 O $0

2.

On January 1, 2024, Oriole, Inc. established a stock appreciation rights plan for its executives. The plan entitled the executives to receive cash at any time during the next four years for the difference between the market price of its common stock and a preestablished price of $20 on 126000 SARs. Market prices of the stock are as follows: If compensation expense relating to the plan is recorded over a four year period beginning January 1,2024, what amount of compensation expense should Oriole recognize for the year ended December 31, 2025? $63000 $315000 \$O $630000