Leonard Technologies invests $62,000 to acquire $62,000 face value, 10%, five-year corporate bonds on December 31, 2014. The bonds will mature on December 31, 2019. The bonds pay interest semiannually on December 31 and June 30 every year until maturity. Assume Leonard Technologies uses a calendar year. Based on the information provided, which of the following will be included in the journal entry for the transaction on December 31, 2018? O A. a credit to Interest Revenue for $6,200 OB. a debit to Interest Revenue for $6,200 OC. a debit to Interest Revenue for $3,100 OD. a credit to Interest Revenue for $3,100 On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgage note for $97,000 at 15%. The note will be paid in equal annual installments of $25,631, beginning January 1, 2019. Calculate the portion of interest expense paid on the third installment. (Round your answer to the nearest whole number.) OA. $14,550 OB. $25,631 OC. $85,919 OD. $10,976 Atlantis Corporation has 14,000 shares of 10%, $81.00 par noncumulative preferred stock outstanding and 30,000 shares of no- par common stock outstanding. At the end of the current year, the corporation declares a dividend of $185,000. How is the dividend allocated between preferred and common stockholders? O A. The dividend is allocated $113,400 to preferred stockholders and $71,600 to common stockholders. OB. The dividend is allocated $58,864 to preferred stockholders and $126,136 to common stockholders. OC. The dividend is allocated $243,000 to preferred stockholders and $58,000 to common stockholders. OD. The dividend is allocated $4,486 to preferred stockholders and $126,136 to common stockholders