In 2017, Hobbs Corp. acquired 15,000 shares of its own $1 par value common stock at $18 per share. In 2018, Hobbs issued 10,000 of these shares at $25 per share. Hobbs uses the cost method to account for its treasury stock transactions. What accounts an should Hobbs credit in 2018 to record the issuance of the 10,000 shares? d what amounts Treasury Additional Retained Common Stock Paid-in Capital Earnings Stock a. $180,000 b. $180,000 $70,000 C. d. $175,000 $240,000 $170,000 $10,000 $70,000$10,000 On October 15, the stockholder's equity section of CAD Company was as follows: Common stock, par value $25; authorized 1,000,000 shares; issued and outstanding 300,000 shares Additional paid-in capital Retained earnings s 7,500,000 1,400,000 1890.000 On October 15, the board of directors of CAD C0. declared a 5% stock dividend on common stock, to be distributed on November 10, to shareholders of record on November 1. The market price of CAD Co.'s common stock on each of these dates was as follows: October 15 $30 November 1 31 November 10 32 What is the amount of the debit to retained earnings as a result of the declaration and distribution of this stock dividend? a. $375,000. b. $450,000. c. $465,000. d. $480,000. e. None of the above. On June 30, 2018, Omara Co. had outstanding 8%, $8,000,000 face amount, 15-year bonds maturing on June 30, 2028. Interest is payable on June 30 and December 31. The unamortized balance in the bond discount account on June 30, 2018 was $360,000. On June 30, 2018, Omara retired all of these bonds at 94. What net carrying amount should be used in computing gain or loss on this early extinguishment of debt? a. $7,920,000. b. $7,720,000. c. $7,640,000. d. $7,520,000