Fred and Bamey started a partnership Fred invested $8,500 in the business and Barney invested $17,000. The partnership agreement stipulated that profits would be divided as follows. Each partner would receive a 12% return on invested capital with the remaining Income being distributed equally between the two partners. Assuming that the partnership earned $21000 during an accounting period, the amount of income assigned to the two partners would be A. B. C. D. Fred $ 7,950 $ 8,500 $ 10,500 $ 9,990 Barney $ 6,930 $ 12,500 $ 10,500 $ 11,020 Multiple Choice Choice Choice Choice Choice Gillion Corporation was established on February 15, Year 1. Gilligan is authorized to issue 500,000 shares of $6 por value common stock. As of December 30, Year 1, Gilligan's stockholders' equilty accounts report the following balances Common stock, $6 par. 500,000 shares authorized 63,000 shares issued and outstanding $ 378,000 Paid-in capital in excess of par - Common 504,000 $ 882,000 Retained earnings 1,448,000 Total Stockholders' Equity $ 2,330,000 On December 31, Year 1 Gilligan decides to issue a 5% stock dividend. At the time of issue, the market price of the stock was $29 per share. What is the dollar value of the stock dividend issued by Gilligan Corporation? Multiple Choice $116.500 $50.400