A company reported total stockholders' equity of $541,000 on its balance sheet dated December 31,2018 , During the year ended December 31,2019. the company reported net income of $60,100, declared and paid a cash dividend of $18,100, declared and distributed a 10\% stock dividend with a $15,100 total market value, issued additional common stock for $71,000, and resold treasury 5 tock for $15,100 that it had purchased in 2018 for $12,100. What is total stockholders' equity as of December 31, 2019? Mutiple Choice $657,000 $672.100 $666,100 $669,100 A company purchased 2,200 shares of treasury stock for $39,200 cosh. The shares were initially issued for $25,200 and had a $10,200 par value. Which of the following statements incorrectly describes the effect of the treasury stock purchase? Multiple Choice Earnings per share (EPS) increases Total assets remain the same. Stochholders' equity decreases. Net income is unchangod. Smith Company exchanges assets to acquire a building. The market price of the Smith stock on the exchange date was $25 per share and the building's book value on the books of the seller was $300,000. Which of the following is correct for Smith Company when Smith issues 10,000 shares of $10 par value common stock and pays $30,000 cash in exchange for the bullding? Mutipie choice Total assets increase $220.000 Totot asteds increare 5750,000 Stockholers' eouly increwes 5300000 Soktholaed equty vireseses 1220,000