Please answer question 6

Victoria, Inc, declared a $240,000 cash dividend. It currently has 9,000 shares of 7%, $100 par value cumulative preferred stock outstanding. It is one year in arrears on its preferred stock. How much cash will Victoria distribute to the common stockholders? $114,000 $126,000 $177,000. None Question 6 3 pts Zalmstra, Inc. had authorized 100,000 shares of $10 par common stock and 15,000 shares of $25 par preferred stock. The Company issued 400 shares of common and 200 shares of preferred stock in exchange for a piece of equipment. Assume that the common stock fair market value is $80 per share but the preferred stock and the equipment do not have determinable fair market values. The credit to Paid-in Capital -Common Stock would be for: $28.000 $29.000 $36,000 None of the above Question 7 3 pts Davis Corporation was organized on January 3, 20x2. The firm was authorized to issue 100,000 shares of $5 par common stock. During 20X2, Davis had the following transactions relating to shareholders' equity: Issued 10,000 shares of common stock at $7 per share. Issued 20,000 shares of common stock at $8 per share. Reported a net income of $100,000. Paid dividends of $50,000. Purchased 2,000 shares (part of the 20,000 shares issued at $8) of treasury stock at $10. Assume cost method used