Jeb Inc. issued 1,000 shares of $5 par value common stock at par for cash. What is the entry to record the transaction? Select one: a. Dr. Cash $5,000. Cr. Common Stock $5,000 O b. Dr. Cash $1,000. Cr. Common Stock $1,000 c. Dr. Cash $1,000. Cr. Retained Earnings $1,000 O d. Dr. Common Stock $5,000. Cr. Retained Earnings $5,000 Johnny Cash, Inc. paid $200,000 in dividends in 2019. In 2019, net income is $850,000. In 2018, Johnny Cash, Inc. reported net income of $500,000 and paid $100,000 in dividends. The 2019 payout ratio is? Select one: O a. 23.53% O b. 20% c. 22.22% d. 425%