Joseph Corporation issues 20,000 shares of $0.50 par stock for $6 share. As a result, the Additional Paid-in Capital account will increase by $110,000 $120,000 $60,000 $130,000 $10,000 Tough Company has the following account balances (all are normal balances) at January 15. Tough declares a $1 per share dividend on the common stock. By how much will retained earnings decrease on the date of declaration? (All accounts have normal balance. Read the full list) $150,000 $100,000 $200,000 $124,000 $85,000