Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet:

Paid-in capital:
12% preferred stock, $60 par value, 1,000 shares authorized, issued, and outstanding	$	?
Common stock, $8 par value, 50,000 shares authorized, ? shares issued, ? shares outstanding		120,000
Additional paid-in capital on common stock		270,000
Additional paid-in capital from treasury stock		6,500
Retained earnings		48,500
Less: Treasury stock, at cost (1,000 shares of common)		(9,000	)
Total stockholders' equity	$	?

Required:

1. Calculate the amount of the total annual dividend requirement on preferred stock.
2. Calculate the amount that should be shown on the balance sheet for preferred stock.
3. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding.
4. On January 1, 2019, the firms 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.
5. Choose the transaction that resulted in the additional paid-in capital from treasury stock.
6. 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.

Seved 13 Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet: 15 pants Paid-in capital: 12% preferred stock, $68 par value, 1,000 shares authorized, issued, and outstanding Common stock, sa par value, se,eee shares authorized, I shares issued, I shares 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 eBook 120,000 220,000 6,500 48,500 10,000) 5 Prin References Required: 0. 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 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. RE Rec Reg C and Reg A and 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 a Annual dividend Balance sheet amount for preferred stock b Reg C and > Helo Save & Exit 13 Check my 15 points Required: a. Calculate the amount of the total annual dividend requirement on preferred stock b. Calculate the amount that should be shown on the baance sheet for preferred stoc 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 wansaction affecting these accounts during 2019 was the sale of common stock Calculate the rumber 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 paid Calculate the amount of dividends on common stock during the first 11 months of 2019 Book Print Complete this question by entering your answers in the tabs below. References Reg A and B Reg C and D Reg Req 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, 2010, 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. Cakata the number of shares that were sold and the selling price per share Show less cNumber sharan lesund Number shares outstanding d Number of shares sold Selling price per share ReqE > 13 WHATS Common stock, 58 par value, 50,248 shares authorized I shares Issued. ? shares outstanding Additional poid-in capital on Coron stock Additional paid in capital from reasury stoc Retained earnings Less: Treasury stock, ot tos (1,900 shares of conson) Totol stockholders' equity 120,000 270.000 6, 48,500 19.000 2 1.5 points BOOK Print 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 pald.in capital on common stock of $234 375 The only wansaction 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 pidin Capital from treasuryst Timorchis was $12.000. Preferred stock f. The retained earnings balance on January 1, 2019, was $45,150 Net income for the past Timorcha 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 References Complete this question by entering your answers in the tabs below. Reu Reg Red A and Reg Cand D Choose the transaction that resulted in the additional paid in capital from treasury stack Transaction Ref> ( ReqC and D Check my work 13 $ 12% preferred stack, 568 par valge, 1.080 Shares authorized, issued, and outstanding Comon stock, $8 par Value, 50,00 shares theted, shares issued, Shares outstanding Additional paid in capital on Coron stock Additional peid-in capital fron treasury stock Retained earnings Less Treasury stock, at cost (1,000 shares of com Totol stockholders' equity 120,000 170,000 6,500 15 points 15,500 (9.000 3 cBook Brim 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 $12000 Preferred stock dividends for all of 2019 have been declared and pald. Calculate the amount of dividends on common stock during the first months of 2019 References Complete this question by entering your answers in the tabs below. Real Rent Reg A and B Reg C and D C D The retained earnings balance on lanuary 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. Common stock dividendo