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please do both questions in 30 minutes please urgently... I'll give you up thumb definitely Question 54 of 56 -/4 = : View Policies Current

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please do both questions in 30 minutes please urgently... I'll give you up thumb definitely

Question 54 of 56 -/4 = : View Policies Current Attempt in Progress Outstanding stock of the Wildhorse Corporation included 46000 shares of $5 par common stock and 16000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Wildhorse declared and paid dividends of $4600. In 2020, Wildhorse declared and paid dividends of $23000. How much of the 2020 dividend was distributed to preferred shareholders? O $12600. O $24000. O $8000. O None of these answer choices are correct. Question 55 of 56 -/4 = 1 View Policies Current Attempt in Progress At December 31, 2022, before any year-end adjustments, Blue Spruce Corp's Prepaid Insurance account had a balance of $4870. It was determined that $2090 of the Prepaid Insurance had expired. The adjusted balance for Prepaid Insurance for the year would be: O $4870. O $2780. O $6610. O $2090. Attempts: 0 of 1 used Submit Answer Save for Later

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