Please show work!

ABC Corporation issues 1,000 shares of $10 par common stock for $12 per share. 4) The equity accounts would changes as follows Common Stock $12,000 Common Stock $10,000, Paid In Capital in Excess of par $2,000 Retained Earnings $12,000 Common Stock $10,000, Retained $2,000 a) b) c) d) 5) U-Bet Corporation has 10,000 shares of 8%, $100 par value, preferred stock outstanding at December 21, 2018 If U-Bet wishes to pay a dividend to all stockholders in 2016, how much need be paid to the preferred stockholders before any dividend is paid to the common stockholders? a) b) c) $0 $80,000 $160,000 $135,000 d)