A corporation reports the following shareholders' equity on 12/31/20: Common Stock, $1 par $100,000 Additional Paid-In Capital $500,000 Retained Earnings $400,000 Total Shareholders' Equity $1,000,000 What amount was received from the issuance of common stock? $100,000 $500,000 $600,000 $1,000,000 The par value of a stock represents the issue price for shares of stock issued in a corporation's initial public offering (IPO). True False A corporation's only class of stock is $1 par common stock with 1,000,000 shares authorized, 800,000 shares issued, 600,000 shares outstanding, and treasury stock of 200,000 shares. When the corporation distributes a dividend of $5 per share, how much is paid in dividend? $1,000,000 $3,000,000 $4,000,000 $5,000,000