(BMGT 230/230B] Unknown to the University of Maryland's Chief Information Technology Officer, three of the 20 laptop computers the University has in storage for emergency use have defective hard drives. The Smith School has requested five of the laptop computers to help faculty members transition to on-line instruction. If X represents the number of laptop computers the Smith School receives that have defective hard drives, what values can X equal? O 1,2,3,4,5 0,1,2,3,4 O 0,1,2,3 O 0,1,2,3,4,5 Major League Apparel has two classes of stock authorized: 6%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2021. Its first year of operations: January 2 Issue 110,000 shares of common stock for $58 per share. February 14 Issue 4,000 shares of preferred stock for $12 per share. May 8Purchase 11,000 shares of its own common stock for $44 per share 31 Resell 5,500 shares of treasury stock for $49 per share. December 1 Declare a cash dividend on ita common stock of $0.45 per share and a $26.400 (6% of par value) cash dividend on its preferred stock payable to all stockholders of record on December 15. The dividend te payable on December 30. (Hint: Dividends are not paid on treasury stock.) December 30 Tay the cash dividends declared on December 2. Prepare the stockholders' equity section of the balance sheet as of December 31, 2021. Net income for the year was $474,000, (Amounts to be deducted should be indicated by a minus sign.) MAJOR LEAGUE APPAREL Balance Sheet (Stockholders' Equity Section) December 31, 2021 Stockholders' Equity Preferred Stock Common Stock Adicional Pardin Capital Additional Paidin Capital Total Paid in Capital in E Fry Stock 44.000 110,000 7.038.000 7. 192.000