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10. A balance sheet indicated 100,000 shares of common stock authorized, 90,000 shares issued, and 10,000 shares of treasury stock. If a cash dividend of

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10. A balance sheet indicated 100,000 shares of common stock authorized, 90,000 shares issued, and 10,000 shares of treasury stock. If a cash dividend of $5 per share is declared on the common stock, what will be the total amount of the dividend? 11-14. Indicate whether balances in each of the following accounts would be reported on the balance sheet or income statement: 11. Stock Dividends Distributable 12. Retained Earnings 13. Treasury Stock 14. Common Stock

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