d$12,000 Remaining Time: 2 hours, 22 minutes, 42 seconds. Question Completion Status: QUESTION 8 Halprentiss, Inc declared a $80,000 cash dividend in the current year t has 3,000 shares of 7%, S 100 par value cumulative preferred stock outstanding it is one year in arrears on its preferred stock. How much cash will Halprentiss distribute to the preferred stockholders? Oa None of these answer choices are correct b $38,000. OC$42,000 od $59,000 QUESTION9 If a corporation declares a 10% stock dividend on its common stock, the account to be debited on the date of declaration is Oa Common Stock b. Stock Dividends C Paid-in Capital in Excess of Par od Common Stock Dividends Distributable QUESTION 10 Which one of the following events would not require a formal journal entry on a corporation's books ? Oa 2-4or-1 stock split o b $1 per share cash dividend c. 100% stock dividend d 2% stock dividend QUESTION 11 INSTRUCTIONS: IN YOUR OWN WORDS, provide a brief, YET THOROUGH response to Click Save and Submit to save and submit. Click Save All Ansuvers to save all answers