8&9 are together .. show work thanks

7&8 are together

Determine the split of the dividend to preferred and common stockholders for each of the following types of preferred stock. (8 Points) A) Non-cumulative, non participating B) Cumulative, non participating C) Non-cumulative, participating D) Cumulative, participating 7) The Sample Company purchased 5,000 shares of their own stock at a price of $7 per share. At a later date they re-issued 2,000 shares at a price of $9. At even a later date they re-issued the remaining shares at $4. Prepare all three journal entries using the cost method. (8 Points) 8) Using the following information calculate basic and diluted earnings per share: (12 points) a) Common stock shares issued as of January 1 of the current year 120,000 b) Issued 20,000 shares of common stock on July 1 of the current year. c) Issued 30,000 shares of common stock on October 1 of the current year. d) issued 12,000 shares of common stock on December 1 of the current year. e) Total common stock shares issued as of December 31 of the current year are 182,000. f) Net Income is $3,502,500. g) The tax rate is 20%. h) 4% Preferred Stock $50 par 20,000 shares issued. 1) Each share of the Preferred stock can be converted into 3 shares of common stock. 1) Face value of convertible bonds is $100,000. k) The bonds were issued at a discount of $15,000 and the effective rate is 2%. 0 Each $1,000 bond can be converted into 25 shares of stock. m) There are 10,000 options with a market price of $5 and an option price of $2