6. Mune Company recorded journal entries for the declaration of $160,000 of dividends, the $250,000 increase in accounts receivable for services rendered, and the payment for purchase of equipment for $105,000. What net effect do these entries have on stockholders! equity? a. Increase of $90,000 b. Increase of $145,000. c. Increase of $250,000. d. Decrease of $15,000. e. Decrease of $160,000. f. Decrease of $265,000. 7. Clement Corp., a pharmaceutical manufacturer, licensed a drug patent to Global Corp. for royalties of 5% of drug sales. Royalties are payable twice yearly on April 15 for sales from July through December of the previous year and on October 15 for January - June same year sales. In 2019, Global paid royalties of $25,000 and $23,000 on April 15 and October 15, respectively. In response to Global's estimate of July - December sales of the drug, Clement correctly recognized $43,000 in royalty revenue in its financial statements dated December 31, 2019. What was Global's sales estimate for second half (July through December) of 2019? a. $460,000 b. $860,000 c. $400,000 d. $500,000 e. $960,000