Please Answer both questions

Employers are required to pay all of the following on the wages paid to each employee except. 16 Multiple Choice eBook Worker's compensation insurance. Social security taxes. Medicare taxes. Pension plan benefits. Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year 1: 17 $ 500,000 5.0% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, ?? shares Common stock, $10 par value; authorized, 400,000 shares; issued and outstanding, 124,000 shares Additional paid-in capital: Common stock Retained earnings (Deficit) Dividends in arrears 1,240,000 744,000 (62,000) 25,000 eBook How many shares of preferred stock are issued and outstanding? Multiple Choice 40.000 shares 50,000 shares 12,400 shares O () 5,000 shares