In a troubled debt restructuning in which the dabt is conthubd with modfed berms and the carrying amount of the debt is less than the fotal foture canh flows. a. a loss theuld be recognized by the dettor. b. a gain should be recognieed by the dethot. c. a new eslective-inerest race must be cemputed d. no interest experte or revenue should be recopnond in the fabie Glavine Compary issuos 6,000 shaves of \& $5 pa value coesnon stock tuving a bir value of $25 per share and 9,000 shares ef as $15 par value preferred steck having a tair value of $20 per share for a tump sum ef $350,000. The procebde alocated to the comman stock is a. $124,000 b. $140,909 c. $150,000 d. $109091 Cannon Company acqured 20,000 shaves of is own common shock at 520 per share on The far value et Gannonis common stock was $24 per share at Oecomber 31,2020 , and shares? a. Treasury Stodk for $270,000 b. Treasury $ tock for $200,000 and Pad in Caplal trom Trobsury 510ck for $70,000 d. Treasury 540ck for $2,40,000 and Fetained Camings for $30,000 On June 30, 2021, when Emier Co's stock was stling at $65 per share is capical acco If a 100% stock divichend were declared and sistibuted, caplal stock wound be a. $5,000,000 b. $3,600,000 c. $6,000,000. d. $7,800,000. On January 1, 2021. Dodd, Ine; deciaced a 10\% stock dividend on ts ceremon stook the steck dividend was declared censisted of