Please answer all questions.

ods be shown as an adjustment to: comprehensive income for the earliest period presented net income of the period in which the change occurred. stockholders' equity of the period in which the change occurred. beginning retained earnings of the earliest period presented. B) C) D) . The stockholders' equity section is usually divided into what three parts? A) B) C) D) Preferred stock, common stock, retained earnings Capital stock, appropriated retained earnings, unappropriated retained earnings Capital stock, additional paid-in capital, retained earnings Preferred stock, common stock, treasury stock 3. Land held for speculation is reported in the property, plant, and equipment section of the balance sheet. A) True B) False 4. Which of the following events will appear in the cash flows from financing activities section of the statement of cash flows? A) Cash purchases of bonds issued by another company B) Cash purchase of treasury stock. C) Cash received as repayment for funds loaned. D) Cash purchases of equipment. Cost of goods sold Dividend revenue Income tax expense $130,000 5,000 12,000 46,000 200,000 Sales revenue In Mortenson's multiple-step income statemen A) should not be reported B) should be reported at $17,000. profit should be reported at $70,000. should be reported at $75,000. C