Hometown Grocery nc. has 41 00 shares o common stock outstanding and 5,000 shares o preferred stock outstanding. The common stock is 6 00 par value: the ree e stock s 4% noncumulative with a $100.00 par value. On October 15, 2018, the company declares a total dividend payment of $55,000. What is the amount of dividend that will be paid for each share of common stock? (Round your answer to the nearest cent.) OA. $0.85 OB, $24.60 OC. $2.460.00 O D. $0.75 Land Corporation reported the following: Common Stock, $5.00 par, 218,000 shares authorized, 160,000 shares issued Paid in Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity $800,000 209,000 226,000 $1,235,000 Which of the following is included in the entry to record the corporation's purchase of 40,000 shares of its common stock for $15.00 per share? O A. O B. C. O D. Paid-In Capital from Treasury Stock Transactions is credited for $400,000. Common Stock-$5.00 Par Value is credited for $200,000. Treasury Stock-Common is debited for $600,000. Retained Earnings is debited for $600,000. Colorful Inc. was incorporated on January 1, 2016. Colorful issued 12,000 shares of common stock and 600 shares of preferred stock on that date. The preferred stock s cumulative, $100.00 par with a 13% dividend rate. Colorful has not paid any dividends yet. In 2019, Colorful had its first profitable year, and on November 1, 2019, Colorful declared a total dividend of $42,000. What is the total amount that will be paid to common stockholders? OA. $10,800 . $42,000 . $31.200 OD. $7,800