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Marigold Corp, owned 19200 shares of Cullumber Company purchased in 2017 for $528000. On December 15, 2020, Marigold declared a property dividend of all of

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Marigold Corp, owned 19200 shares of Cullumber Company purchased in 2017 for $528000. On December 15, 2020, Marigold declared a property dividend of all of its Cullumber Company shares on the basis of one share of Cullumber for every 10 shares of Marigold common stock held by its stockholders. The property dividend was distributed on January 15, 2021. On the declaration date, the aggregate market price of the Cullumber shares held by Marigold was $909000. The entry to record the declaration of the dividend would include a debit to Retained Earnings of $381000 $909000 $528000 $0. Common stock. par value $10, authorized 40000 shares: issued and outstanding 12000 shares $ 120000 Additional paid-in capital 110000 Retained earnings 184000 Total stockholders' equity $414000 On March 31, 2021. Crane declared a 10% stock dividend, and accordingly 1200 additional shares were issued, when the fair value of the stock was $19 per share. For the three months ended March 31, 2021, Crane sustained a net lass of $41800. The balance of Crane's retained earnings as of March 31, 2021. should be $119400. $130200. $142200 $131400. Concord Corporation issues $19300000 of 10-year, 12% bonds on March 1, 2020 at 98 plus accrued interest. The bonds are dated January 1, 2020, and pay interest on June 30 and December 31. What is the total cash received on the issue date? $18700000 $19300000 $20265000 $18914000

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