2. ABC issues 18,000 shares of preferred stock to investors on January 1 for cash. The 6% $5 par value preferred shares are sold $31 per share. What is the amount applied to additional paid in capital preferred stock?

3. On January 1st, ABC company issues a stock dividend of 14%. ABC has 148,000 shares outstanding with a par value of $3. ABC also has 220,000 shares authorized. The market price per share January 1st is $34. What is a number of new shares issued for stock dividend?

4. On January 1st, ABC company issues a stock dividend of 19%. ABC has 138,000 shares outstanding with a par value of $3. ABC also has 250,000 shares authorized. The market price per share January 1st is $28. What is the dollar amount of the stock dividend?

5. ABC has 300,000 authorized, 210,000 shares issued and 128,000 shares outstanding. ABC issues a 7/1 stock split (for every 1 share owned by an investor, the investor gets 7 shares). Sam has 160 shares of stock. After the stock split, how many shares of ABC stock does Sam have?

6. ABC issues 17,000 shares of preferred stock to investors on January 1 for cash. The 6% $12 par value preferred shares are sold $16 per share. What is the amount applied to preferred stock?

7. On January 1st, ZYX company purchased 1,100 shares of its own stock at $26 per share. On January 20th, ZYX later reissues or sells 147 shares of treasury stock for $50 per share. What is the amount credited to Treasury stock on January 20th?

8. On January 1st, ZYX company purchased 1,500 shares of its own stock at $36 per share. On January 20th, ZYX later reissues or sells 294 shares of treasury stock for $43 per share. What is the amount debited to Treasury stock on January 1st?