can someone please explain how they got the five mc below

Multiple Choice Questions 1. Ryan Corp. has the following share capital outstanding: Common, 10,000 shares Preferred $1.80 noncumulative, non-participating. 10,000 shares Dividends are two years in arrears, excluding the current year. Total dividends of $90,000 will be paid for the current year. The total amounts that will be received by the preferred shareholders and common shareholders are: Preferred Shan Ad Shareholders Common Shareholder 36.000 SIR SA Choice1 Choice 2 C. Choice 3 D. Choice 4 2. The owners' equity section of a firm's bam firm's balance sheet reflects the following at the end of 2012: $300,000 $500,000 $6 preferred shares, 3,000 shares outstanding in shares, 120,000 shares issued and 100,000 shares ou 100,000 shares outstanding In 2013, the following transactions took place: January 10 Retired 10,000 common shares February 20 Issued 20% stock dividend on common shares mon shares October 15 Declared S20,000 cash dividend. The number of common shares eligible for the dividends declared on he dividends declared on October 15 is: A. 144,000 B. 132,000 S. 120,000 D.108,000 E. None of the above 3. On December 31, 2014, when JR Corporation's shares were selling at $44 per Share, its shareholders' equity accounts were as follows: Common shares (no par value) = 100,000 Shares Issues and outstanding - $2,700,000 Retained eamings (credit) = 54,450,000 A 100 percent stock dividend was declared and issued. The effect of this dividend was: A Total shareholders' equity did not change. B. Common shares increased to $5,600,000. C. Common shares increased to $6,460,000. D. Total shareholders' equity decreased. ne is a public company and engages in a non-cash exchange with a third party whereby issues common shares to the third party in exchange for some highly specialized er & Equipment. The value of the shares issued was $15.000 while the appraised value Machinery & Equipment was $12,000. Which one of the following journal entry is Machinery & Equin of the Machinery correct? 12,000 12.000 12.000 3,000 A. Dr. Machinery & equipment Cr. Common shares B. Dr. Machinery & equipment Dr. Loss on share issuance Cr. Common shares c. Dr. Machinery & equipment Cr. Common shares BUDr. Machinery & equipment Dr. Retained earnings Cr. Common shares 15,000 15,000 15,000 12,000 3,000 15,000 5. BX had the following shares outstanding: en Preferred shares, S6, 2,000 shares Common shares, 2,000 shares $100,000 $200,000 Om (Matching dividend on common shares, if applicable, $12) The preferred shares are cumulative, fully participating based on base year dividend; dividends are three years in arrears, excluding the current year, dividends declared in the current year amount to $87,000. The total amount of dividends to which common shareholders are entitled is: $34,000 B. $40,000 C. 49,000 D. $52,000 E. None of the above