points 16 01:28:07 Large stock dividends and stock splits are issued primarily to: Multiple Choice Saved Decrease the number of outstanding shares of stock. Generate a cash inflow for the company. Lower the trading price of the stock per share. Increase the trading price of the stock per share. 17 Nation Shipping Corporation issued a $25,000, 6%, 4-year installment note payable on January 1, 2021 to purchase a delivery truck. Payments of $587.13 are due at the end of each month for 48 months. How much will be recorded for interest expense for the first payment on January 31, 20217 012000 Multiple Choice $125.00 $58713 18 Which of the following accounts is not reported in the stockholders' equity section of the balance sheet? Canc 012002 Multiple Choice Common Stock Dividends Treasury Stock Retained Earnings