4) Given the following financial statement: Total Assets Total Liabilities $150,000 100,000 Total Stockholders Equity Interest Expense $10,000 Income Tax Expense 60,000 Net Income 170,000 What is the total stockholder's equity? What is the Debt to Assets ratio? 5) Ikea sells 7,500 shares of common stock for $6.5 per share, and 10,000 shares of preferred stock for 10%, $120. Common stock has a par value of $3, and preferred stock has a stated value of $95. Record the journal entries for the sale of these stocks.