If 1,600 shares of 6 percent, $200 par value, convertible stock were issued for cash at $210 per share, the Cash account and Preferred Stock account would have been increased by which respective amounts? $336,000: $320,000 O $320,000: $320,000 O $336,000; $336,000 $320,000; $336,000 Question 5 1 pts Kessler Company has outstanding 10,000 shares of 9 percent, $50 par value, cumulative preferred stock and 10,000 shares of $50 par value common stock. Retained earnings are $147,000. No dividends were paid last year or this year. Retained earnings available at the end of the current year for the dividends on the common stock are: $57,000 $0 O $25.500 $102,000