ABC Company has 333,000 shares of $2 par common stock authorized and 123,000 shares of $30 par, 5%, cumulative preferred stock authorized Based on question #2 in OLA Part 1 - Which of the following would be included in the entry to record the preferred stock issuance? Multiple Choice 3 An increase in Cash of $120,000 An increase in Gain on Sale of Stock of $40,000 A decrease in Cash of 160,000 An increase in Preferred Stock of $60,000 BOV 1 of 8 Next > Based on question #3 in OLA Part 1 - Which of the following entries would be made on the Declaration Date? Multiple Choice Cash - Decrease - $10,000 Dividends Payable . Decrease - $10,000 No entry is made on the Declaration Date an entry will be made when the dividends are poid, Dividends. Increase - $10,000 Cash - Decrease - $10,000 Prey 2018 Next Based on question #4 in OLA Part 1 How much of the total dividends for 11/15/2019 will go to the common stockholders? Multiple Choice $5,000 $4,000 $10,000 SO Prey 3 of 8 DE Next Based on question #5 in OLA Part 1 - Which of the following entries would be made? Multiple Choice Cash - Decrease $21.000 Treasury Stock - Increase - $14,000 Pald in Capital from Treasury Stock - Increase - $7.000 Cash . Decrease - $14,000 Treasury Stock - Increase . $14.000 Cash - Decrease - $21000 Treasury Stock. Increase $21.000