On June 30, 2018, Chris Brothers, Inc. showed the following data on the equity section of their balance sheet Stockholders' Equity Common Stock $1.00 par: 198,000 shares authorized 154.000 shares issued and outstanding $154,000 Paid - in Capital in Excess of Par-Common $262.000 Retained Earnings 953,000 Total Stockholder's Equity $1,300,000 On July 1, 2018, the company declared and distributed a 12% stock dividend. The market value of the stock at that time was $15.00 per share. Following this transaction, what is the balance of Paid - In Capital in Excess of Par-Common? O A $520.720 OB. $282.000 OC. $199,120 OD 5501 280 California Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: California Corp Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Increase/Decrease) Accounts Payable $8,000 $9,000 $(1,000) Accrued Liabilities 3,000 1,500 1,500 Long-term Notes Payable 56.000 80.000 4,000 Total Liabilities $87,000 $70,500 $(3.500) The change in Accrued Liabilities is shown as a negative cash flow in the adjustments to net income O True False The payment of interest on a loan is considered a method o n a statement of cash flows prepared using the direct O A cash outflow for operating activities B. cash outflow for investing activities OC. cash outflow for financing activities O D. non-cash activity The employer is required to directly deposit the employee's take-home pay into the employee's bank account True False