2. Jacobson Company issued 6,000 shares of $10 par value common stock at a market price of $22. As a result of this accounting event, total paid-in capital would

A. increase by $60,000. B. be unaffected by the event. C. increase by $132,000. D. increase by $72,000.

3. At the end of the accounting period, Halloween Company had a balance of $14,000 in its common stock account, additional paid in capital of $8,000, retained earnings of $6,000, and $2,000 of treasury stock. The total amount of stockholders' equity is:

3. Monroe Co. paid dividends of $6,000; $12,000; and $20,000 during 2017, 2018 and 2019 respectively. The company had 1,000 shares of preferred stock outstanding with a $10 per share cumulative dividend. The amount of dividends received by the common shareholders during 2019 would be:

A. $12,000. B. $20,000. C. $8,000. D. $6,000.

A. $20,000. B. $26,000. C. $24,000. D. $16,000.