Dividends Review Question Cerner Corporation began business by issuing 250,000 shares of $5 par value common stock for $24 per share During its first year, the corporation sustained a net loss f$50,000. The year-end balance sheet would show a Common Stock of $1,250,000 b.Common Stock of $6,000,000 c. total paid-in capital of $5,950,000 d. total paid-in capital of $4,750,000 Review Question Sizemore, Inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2014. If the board of directors declares a $30,000 dividend, the a. preferred stockholders will receive 1/10th of what the common stockholders will receive. preferred stockholders will receive the entire 30,000 c. $30,000 will be held as restricted retained earnings and paid out at some future date d. preferred stockholders will receive $15,000 and 8 the common stockholders will receive $15,000