4 points On Dec 31, 2020, ABC Corp issued 4-year, 7% bonds with $2,000,000 as par value ABC Corp. received $2,240,000 in cash. The bond interest is paid semiannually on June 30 and December 31 every year. Compute the following: Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium. Total bonds interest expense over the 4 years. Question 3 2 points Friends Partnership has three partners. The balance of each partner' capital is: Alia $48,000, Mariam $50,000 and Fatima $52,000. Alia withdraws from the Partnership. The remaining partners, Mariam and Fatima, agreed to pay cash of $54,000 for Asia from partnership. The partners share income and loss equally. Required How much is the capital balance for the remaining partners Mariam and Fatma after the withdrawal of Alia. Please DO NOT use the "$" and "," signs in you ansewr. For example, if the right answer is Mariam $75,000 and Fatima $85,000, it should be EXACTLY written as: 75000 85000 Mariam Fatima Question 6 1 points Mariam, Sabah and Fatima are partners with capital balances of $40,000, $60,000 and $50,000 respectively. They find that Afrah, a new partner, is a talented engineer with an experience useful for the company. Afrah accepts joining them as a new partner and ready to contribute $10,000 for an equity share of 25% Afrah's capital balance would be: OA $2,500. O $40,000 OC $37,500. OD $10,000 Question 7 Ehsan contributed a building at $22,500 and a land valued at $66,600. The journal entry to record this transaction for the partnership is: OA. Building.. Land. Ehsan, Capital. 22,500 66,600 89,100 OB Ehsan, Capital.. 89,100 Building. 22,500 Land.. 66,600 OC Ehsan, Capital.. 89,100 Building. 22,500 Land.. 66,600 OD. Land.. 22,500 Building 66,600 Partnership Exp. 89,100 Question Question afte 1 points A company estimates that warranty expense will be 5% of sales. The company has sales of $225,000 for the current period. The current period's entry to record the warranty expense is COA Warranty Liability Expense.. 11,250 Estimated Warranty Liability. 11,250 OB Warranty Expense 11, 250) Estimated Warranty Liability 11,250 OC Warranty Liability. 11,250 Estimated Warranty Liability 11, 250 ODEstimated Warranty Liability. 11,250 Estimated Liability Expense.. 11, 250 Question 10 Kingdom Corporation has the following -Preferred stock, $10 par value, 8%, 50,000 shares issued $500,000 -Common stock, $15 par value, 300,000 shares issued and outstanding $4,500,000 In 2020, The company declared and paid $30,000 of cash dividends In 2021. The company declared and paid $150,000 of cash dividend. Question 19 of 14 4 points Required; How much is the TOTAL cash dividends that will be distributed to preferred and common stockholders over the two years, assuming the preferred stock is Non-cumulative Please DO NOT use the "$" and "," signs in you answer. For example, if the right answer is Preferred $10,000 and Common $15,000, it should be EXACTLY written as: 10000 15000 Preferred Common