12. Your Corporation will distribute $80,000 to the two classes of stockholders this year. Including the current year, the preferred stock is three years in arrears. What is the dollar amount of the dividend that the preferred stockholders will receive? It has the following number of shares of stock outstanding at the dividend date: Cumulative Preferred stock, 596, $100 par 3,000 shares 13,000 shares Common stock, $10 par B. $15,000 B. $80,000 C. $35,000 D. S45,000 E. $ 65,000 13. Given the following information about a corporation's 2014 activities, what is the retained earnings at the end of the 2018? $300,000 Retained earnings, December 31,2018 Net income Cash dividend Stock dividend 105,000 25,000 18,000 A. $260,000 B. $362,000 C. $242,000 D. S302,000 E. $392,000 Use the following to answer the next 2 questions: Your Company issued a $100,000 face value bond. The 10-year term bond was issued at 95 and had a 2.5% stated rate of interest that is payable on a semiannual basis on June 30 and December 31st of each year. 15. What is the semi-annual interest expense? A. $2,500 B. $3,000 C. $2,250 D. $2,000 E. $2,750 16. What is the carrying value of the bond after the third interest payment is made? A. $100,000 B. $104,250 C. $95,750 D. $104,000 E. $96,000