Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet: $ 7 Paid-in capitalt 124 preferred stock, $60 par value, 1,000 shares authorized, Issued, and outstanding Common stock, $8 par value, 50.000 shares authorized, 2 shares Luned, 2 shares outstanding Additional paid-in capital on conmon stock Additional paid-in capital from treasury stock Retained earnings Less: Treasury stock, at cost (1,000 shares of common) Total stockholders' equity 120,000 270,000 6,500 48,500 (9.000) $ 2 Required: a. Calculate the amount of the total annual dividend requirement on preferred stock. b. Calculate the amount that should be shown on the balance sheet for preferred stock c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional paid-in capital on common stock of $234,375. The only transaction affecting these accounts during 2019 was the sale of common stock. Calculate the number of shares that were sold and the selling price per share. e. Choose the transaction that resulted in the additional paid-in capital from treasury stock. f. The retained earnings balance on January 1, 2019, was $45,150. Net income for the past 11 months was $12,000. Preferred stock dividends for all of 2019 have been declared and pald. Calculate the amount of dividends on common stock during the first 11 months of 2019 Complete this question by entering your answers in the tabs below. Reg A and B Reg C and D ReqE ReqF a. Calculate the amount of the total annual dividend requirement on preferred stock. b. Calculate the amount that should be shown on the balance sheet for preferred stock. Annual dividend Balance sheet amount for preferred stock b. Ron and Reg C and D > Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet 2 Paid-in capitali 121 preferred stock. $60 par value, 1,000 shares authorized issued, and outstanding Common stock, s par value. 50,000 shares authorized, 2 shares issued, I shares outstanding Additional paid-in capital on common stock Additional paid-in capital from treasury stock Retained earnings Loss Treasury stock, at cost (1,000 shares of common) Total stockholders' equity 120,000 270,000 6,500 48,500 (2.000) 2 Required: a. Calculate the amount of the total annual dividend requirement on preferred stock. b. Calculate the amount that should be shown on the balance sheet for preferred stock. c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding, d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional paid-in capital on common stock of $234,375. The only transaction affecting these accounts during 2019 was the sale of common stock. Calculate the number of shares that were sold and the selling price per share. e. Choose the transaction that resulted in the additional pald-in capital from treasury stock. 1. The retained earnings balance on January 1, 2019, was $45,150. Net Income for the past 11 months was $12,000. Preferred stock dividends for all of 2019 have been declared and pald. Calculate the amount of dividends on common stock during the first 11 months of 2019 Complete this question by entering your answers in the tabs below. Reg A and B Rea Find D ReqE ReqF c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional pald-in capital on common stock of $234,375. The only transaction affecting these accounts during 2019 was the sale of common stock. Calculate the number of shares that were sold and the selling price per share. Show less C Number shares issued Number shares outstanding d. Number of shares sold Selling price per share ( Req A and B ReqE > Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet: Paid-in capital 121 preferred stock, 360 par value, 1,000 shares authorized, swued, and outstanding Common stock. Si par value, 50,000 shares authorized, 2 shares issued, 2 whares outstanding Additional paid-in capital on common stock Additional paid-in capital fron treasury stock Retained earnings Less Treasury stock, at cost (1,000 shares of common) Total stockholders' equity 120,000 270,000 6,500 48,500 (9.000) 7 Required: a. Calculate the amount of the total annual dividend requirement on preferred stock. b. Calculate the amount that should be shown on the balance sheet for preferred stock c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding. d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional paid-in capital on common stock of $234,375. The only transaction affecting these accounts during 2019 was the sale of common stock. Calculate the number of shares that were sold and the selling price per share. e. Choose the transaction that resulted in the additional paid in capital from treasury stock. 1. The retained earnings balance on January 1, 2019, was $45,150. Net Income for the past 11 months was $12,000. Preferred stock dividends for all of 2019 have been declared and paid. Calculate the amount of dividends on common stock during the first 11 months of 2019 Complete this question by entering your answers in the tabs below. Reg F Reg A and B Reg Cand D Regle Choose the transaction that resulted in the additional paid-in capital from treasury stock. Transaction