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Autumn Corporation began the year with 1 4 0 , 0 0 0 shares of common stock and 1 0 , 0 0 0 shares

Autumn Corporation began the year with 140,000 shares of common stock and 10,000 shares of 6%, $100 par value cumulative, non-convertible, preferred stock. On April 1, it declared a 10% stock dividend on common shares. on December1, Autumn declared a 2 for 1 stock split. On June 1, it purchased 15,000 shares of treasury stock. On February 27, it issued an additional 5,000 shares of stock. (include comma in your answer)
Use this information for the next several questions.
2. The number of shares of preferred stock that would be subtracted from net income would be _____________________.(include comma in your answer)
3.11 Given the above information, and if net income was $500,000, the basic earnings per share would be calculated as:
A. $1.52
B. $1.47
C. $1.42
D. $1.35
4. Given the above information, the number of shares of common stock outstanding would be _______________________(include comma in your answer).
5. Green Day Corporation has outstanding 200,000 shares of $11 par value common stock, The corporation declares a 7% stock dividend when the fair value of the stock is $67 per share. In preparing the journal entry, what is the amount of to be credited for the APIC-C/S?(include comma in your answer).

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