Dear Tutor,

I need assistance with the following questions

1.Mountain Services (MS) prepares a statement of cash flows using the indirect method. In its Year4 income statement, MS reported $11,000 of interest expense on its outstanding bonds. During the year, MS paid its regular installments of $9,000 of interest in cash. There was no interest payable on the bonds at the beginning or ending of the year. In its operating cash flow section of the statement of cash flows, MS should : A Show a $2,000 positive adjustment to net income for the decrease in . bond discount. B Show a $2,000 negative adjustment to net income for the decrease in . bond discount. C Show a $2,000 negative adjustment to net income for the decrease in . bond premium. D Show an $11,000 negative adjustment for interest paid. . E Show a $9,000 negative adjustment for interest paid. . F. Show a $2,000 positive adjustment to net income for the decrease in bond premium. 2. During Year7, Stinger Corporation had 90,000 shares of common stock and 5,000 shares of preferred stock outstanding. The preferred stock has a par value of $50 per share and a 6% noncumulative dividend rate. The preferred stock is convertible to 2,000 shares of common stock. None was converted during Year7 Stinger declared and paid cash dividends of $30,000 on common stock. Stinger also paid the annual dividend on the preferred stock. Stinger's net income for Year7 was $600,000. 1. What is the annual dividend on the preferred stock (in total, not per share)? 2. What is the numerator for a basic EPS computation for Year7? 3. What is basic EPS for Year7? 4. What is the numerator for a diluted EPS computation for Year7? 5. What is diluted EPS for Year7? Round EPS figures to the nearest penny. Please show your work. 3.Under its executive stock option plan, Jonas Corporation granted options on January 1, 2016, that permit executives to purchase 300,000 shares of the company's $1 par common shares within the next eight years, but not before December 31, 2018 (the vesting date). The exercise price is the market price of the shares on the date of grant, $18 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated. 1. What total amount of compensation expense does Jonas Corporation expect to recognize with respect to these options? 2. What amount of compensation expense will be recognized in 2016 with respect to these options? 3. Assume that all of the options are exercised on 1/1/2019 when the market price of the common stock is $25 per share. By how much will equity change as a result of recording this transaction? 4.Yellowtail Inc. began the current year with 50,000 common shares outstanding. It declared a 2for1 stock split on March 1. Yellowtail retired 24,000 shares of stock on October 1. The firm's year end is December 31. Based on this information, determine the weightedaverage number of common share outstanding for the year. 5. On January 1, Year4, Oliver Foods issued stock options for 40,000 shares to a division manager. The options have an estimated fair value of $5 each. The fair value of the common stock on 1/1/Year6 is $20 per share. To provide additional incentive for managerial achievement, the options are not exercisable unless Oliver Foods' stock price increases by 5% in four years. Oliver Foods initially estimates that it is not probable the goal will be achieved. How much compensation will be recorded in Year4 related to these options? A $0 . B $800,0 . 00 C $200,0 . 00 D $50,00 . 0 E $210,0 . 00