3) The acquisition of treasury stock by a co increases its total assets and to stockholders' equity decreases totalases and total sockholders' equity has no effect on total assets and to stockholders' equity that again or los be recognized on the income statemen 40) y her Corporation's December 31, 2020 balance sheet showed the following 89 preferred stock, 520 par value cumulative, 30.000 shares $ 400 000 authorized 20,000 shares issued Common stock, $10 por value, 2.000.000 shares authorized 19.500.000 1,950,000 shares issued. 1.020.000 shares outstanding 80.000 Paid in capital in excess of par preferred stock Paid in capital in excess of parconon stock Redained earnings 7.500,000 830.000 Treasury stock (30.000 shares) Zyrkel total paid in capital was a b. c d. $40.000.000 $47,500,000 $46.330.000 $27,060,000 Alex, Bob, and Ciera are partners, sharing income 2:12. After selling all of the assets for cash, dividing gains and losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Alex, $10.000 Cr: Bob $10 000 Cr, and Clers $90.000 Cr. How much cash should be distributed to Alex? a $8.000 b. $20.000 C $10.000 d $16.667 In liquidation, balances prior to the distribution of cash to the partners are: Cash $204.000 Paley, Capital $112.000: Stengel, Capital $104,000, and King, Capital $12,000 deficiency. The income ratio is 6:22. respectively. How much cash should be distributed to Stengel if King does not pay his deficiency? a $98.000 b. $101.000 c. $95.000 d $104.000