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QUESTIONS Benjamin Corporation's stockholders at December 31, 2019, consisted of the following. Capital stock, $5 par, 57,420 shares issued and outstanding $287,100 Additional paid in capital 1,004,850 Retained earnings 922,500 ... Total Stockholders' Equity $2,214,450 On January 1, 2020, Vaughn Corporation purchased 8,580 previously unissued shares of Benjamin stock directly from Benjamin for $313,735 cash. Calculate Vaughn Corporation's percentage ownership in Benjamin. (Put your answer as a whole number, 5 for 5 percent or 35 for 35 percent.) QUESTION 6 Benjamin Corporation's stockholders' at December 31, 2019, consisted of the following Capital stock, 55 par. 57420 shares issued and outstanding $287/100 Additional paid in capital 1,004,850 Retained earnings 922,500 ... Total Stockholders' Equity $2,214,450 On January 1, 2020, Vaughn Corporation purchased 8,580 previously unissued shares of Benjamin stock directly from Benjamin for $313,735 cash. Prepare the entry on Benjamin's books to show the issuance of the stock to Vaughn Corporation. Artal 3 (12pt) T. QUESTION 7 Benjamin Corporation pays $313,000 for a 31 percent interest in Vaughn Corporation on December 31, 2017, when the book value of Vaughn's identifiable net assets equals fair value. Information relating to Vaughn follows. December 31, 2016 December 31, 2017 Capital stock, $8 par $371,000 $371,000 Retained earnings 623.750 713,875 Vaughn's net income, earned evenly throughout 2017 was $128,750. Vaughn's dividends for 2017 were $38,625 paid on March 1 and $38,625 paid on September 1. Calculate Benjamin's dividends from Vaughn for 2017, Arial 3 (12pt) T-E- E- Words: 0 Pathp QUESTIONS Shatner Corporation pays $615,000 for a 37 percent interest in Vernon Corporation on November 1, 2017, when the book value of Vernon's identifiable net assets equals fair value. Information relating to Vernon follows. December 31, 2016 December 31, 2017 Capital stock. $2 par $558,000 $558,000 Retained earnings 1,017,500 1,104,125 Vernon's net income, earned evenly throughout 2017 was $123.750. Vernon's dividends for 2017 were $37,125, (paid half each on March 1 and September 1). Prepare the journal entry to show the receipt of dividends on the Vernon stock by Shatner (if any). Arial + 3 (12pt) TEE