On January 1, Whisperings Plumbing Supply Corporation had 1980000 shares of $10 par value common stock outstanding. On March 31, the company declared a 10% stock dividend. The market value of the stock was $15/share. As a result of this event,

Paid-in Capital in Excess of Par account increased $990000.

total stockholders equity was unaffected.

Stock Dividends account increased $2970000.

All of these answer choices are correct.

2.Wildhorse Corporations December 31, 2025 balance sheet reported the following:

6% preferred stock, $20 par value, cumulative, 32100 shares authorized; 21400 shares issued $ 428000 Common stock, $10 par value, 3120000 shares authorized; 2028000 shares issued, 1996800 shares outstanding 20280000 Paid-in capital in excess of par - preferred stock 64200 Paid-in capital in excess of par - common stock 29120000 Retained earnings 10430000 Treasury stock (31200 shares) 655200

Wildhorse declared and paid a $92000 cash dividend on December 15, 2025. If the companys dividends in arrears prior to that date were $25680, Wildhorse's common stockholders received

$66320.

$51360.

$40640.

no dividend.