Please answer question 11

Question 11 3p When stock traded on an active exchange is issued for a machine: No entry is recorded until restrictions are lifted. An asset is recorded for the fair value of the stock. An asset is recorded for the appraised value of the machine Paid-in capital is increased by the appraised value of the machine. Question 12 3 pts King, Inc. has 4,200,000 shares of common stock outstanding on December 31, 20x2. An additional 800,000 shares of common stock were issued on April 1, 20X3, and 400,000 more on July 1, 20x2, On October 1, 20x3, King issued 20,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock in 20x3. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively? 5,000,000 and 5,000,000 5,000,000 and 5,100,000 5,000,000 and 5.400,000 5400,000 and 6,200,000 Question 13 3 pts