number 10 please

10. stockholders in 2013? amount of dividends received by the common a. $30,000 b. $50,000 C. $90,000 d. $0 Answer :A Stinson Corporation owned 30,000 shares of Matile Corporation. These shares were purchased in 2009 for $270,000. On November 15, 2013, Stinson declared a property dividend of one share of Matile for every ten shares of Stinson held by a stockholder. On that date, when the market price of Matile was $21 per share, there were 270,000 shares of Stinson outstanding. What gain ahd net reduction in retained earnings would result from this property dividend? Gain Net Reduction in Retained Earnings $243,000 $0 $567,000 $324,000 $81,000 d. $324,000 $243,000 $0 a. b. C. 11. On August 1, 2012, Dambro Co. acquired 400, $1,000, 9% bonds at 97 plus accrued interest. The bonds were dated May 1, 2012, and mature on April 30, 2018, with interest paid each October 31 and April 30. The bonds will be added to Dambro's available-for- D. Focus W O