On December 31, 2021, Marz-N-Roketz Corporation reported 700,000 common shares outstanding and 2,000,000 common shares authorized. The corresponding common share capital was reported at $5,234,600. 1. Assume that on March 1, 2022, Marz issued 15,000 common shares to Fuelz, Inc., in exchange for equipment with a fair market value of $140,000. The market value per share was $7. On July 1 , Marz purchased 20,000 of its shares in the market at $6.20 each and cancelled them. What will be the July 1 amount of the common share capital following these transactions? a. $5,250,600. b. $5,374,600. c. $5,224,262. d. $5,198,720. e. None of the above but $ 2. After the transactions in [1] above Marz declared a 10% stock dividend. The market value per share was $8 after the effects of the dividend. (ie: ex-dividend). How much should be recorded for the stock dividend? a. $572,000. b. no entry. c. $556,000. d. $522,426. e. None of the above but $ 3. For Question 2 above, assume the same facts except that the $8 per share market value was prior to the dividend declaration. How much should be recorded for the stock dividend? a. no entry. b. $505,454. c. $572,000 d. $556,000. e. none of the above, but $