Exercise 11-7A (Algo) Cash dividends for preferred and common shareholders LO 113 Weaver Corporation had the following stock issued and outstanding at January 1, Year 1. I. 136,000 shares of \$11 par common stock. !. 9,000 shares of $130 par, 7 percent, noncumulative preferred stock. On June 10, Weaver Corporation declared the annual cash dividend on its 9,000 shares of preferred stock and a \$2 per share dividend for the common shareholders. The dividends will be paid on July 1 to the shareholders of record on June 20. Required Determine the total amount of dividends to be paid to the preferred shareholders and common shareholders. Exercise 11-8A (Algo) Effect of issuing common stock on the balance sheet LO 11-4 Newly formed S\&J Iron Corporation has 170,000 shares of \$4 par common stock authorized. On March 1, Year 1, S\&J Iron issued 11,000 shares of the stock for $10 per share. On May 2 , the company issued an additional 15,500 shares for $18 per share. S\&J Iron was not affected by other events during Year 1. Required I. Record the transactions in a horizontal statements model. 1. Determine the amount S\&J Iron would report for common stock on the December 31, Year 1, balance sheet. Determine the amount S\&J Iron would report for paid-in capital in excess of par. I. What is the total amount of capital contributed by the owners? What amount of total assets would S\&J Iron report on the December 31, Year 1, balance sheet? Record the transactions in a horizontal statements model. Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financ Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 115 The following information pertains to JAE Corporation at January 1, Year 1: JAE Corporation completed the following transactions during Year 1: I. Issued 1,000 shares of $9 par common stock for $26 per share. Repurchased 170 shares of its own common stock for $23 per share. i. Resold 50 shares of treasury stock for $24 per share. Required: 1. How many shares of common stock were outstanding at the end of the period? 1. How many shares of common stock had been issued at the end of the period? :. Organize the transactions data in accounts under the accounting equation. I. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 115 The following information pertains to JAE Corporation at January 1 , Year 1 : JAE Corporation completed the following transactions during Year 1: I. Issued 1,000 shares of $9 par common stock for $26 per share. Repurchased 170 shares of its own common stock for $23 per share. i. Resold 50 shares of treasury stock for $24 per share. Required: 1. How many shares of common stock were outstanding at the end of the period? 1. How many shares of common stock had been issued at the end of the period? Organize the transactions data in accounts under the accounting equation. I. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 115 The following information pertains to JAE Corporation at January 1, Year 1: JAE Corporation completed the following transactions during Year 1: I. Issued 1,000 shares of \$9 par common stock for $26 per share. Repurchased 170 shares of its own common stock for $23 per share. i. Resold 50 shares of treasury stock for $24 per share. Required: 1. How many shares of common stock were outstanding at the end of the period? 1. How many shares of common stock had been issued at the end of the period? Organize the transactions data in accounts under the accounting equation. I. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Prepare the stockholders' equity section of the balance sheet reflecting these transactions