Kruise Corporation has 10,000 shares of 3%, $15 par cumulative preferred stock and 46,000 shares of common stock outstanding Kruise declared no dividends in 2017 and had no dividends in arrears prior to 2017. In 2018, Kruise declares a total dividend of $53,000. How much of the dividends go to the common stockholders? O A. $53,000 OB. $44,000 OC. $48,500 OD. None; it all goes to preferred stockholders. Minnesota Corporation has two classes of stock common, $2 par value, and preferred, $20 par value. Requirements 1. Journalize Minnesota's issuance of 1,000 shares of common stock for $7 per share 2. Journalize Minnesota's issuance of 1,000 shares of preferred stock for a total of $20,000 Requirement 1. Journalize Minnesota's issuance of 1,000 shares of common stock for 57 per share. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanations Debit Credit A Tel Ex jet costs $55,000,000 and is expected to fly 500,000,000 miles during its 10-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 27,000,000 miles the first year, how much depreciation should Tel Ex record under the units-of-production method? (Round the depreciation per unit to two decimal places) O A. $11,000,000 OB. $5,500,000 O C. $2,970,000 OD. Cannot be determined from the data given