Question 1 12 pts At January 1, 2020, OEU Corporation had outstanding 9,500 shares of 9%, $16 par value preferred stock and 39,800 shares of $6 par value common stock The stockholders' equity account balances of EU Corporation at January 1, 2020 are given below: January 1, 2020 Preferred stock $152,000 Paid-in capital - preferred stock $114,000 Common stock $234,900 Paid-in capital - common stock .. $312,000 Retained earnings $129,900 Total stockholders' equity $941,000 During January, El Corporation entered into the following transactions: January 6: Re-acquired 23,000 of the common shares for $22 per share January 11: Re-issued 1,000 of the shares re-acquired on January 6 for $26 per share January 14: Re-issued 3,000 of the shares re-acquired on January 6 for $19.33 per share January 18: Issued 7,400 previously un-issued common shares for $24 per share January 22: Re-issued 5,000 of the shares re-acquired on January 6 for $25 per share January 28: Re-issued 4,000 of the shares re-acquired on January 6 for $21.19 per share Calculate the balance in the paid-in capital - treasury account at January 31, 2020 Question 2 12 pts At January 1, 2020, OEU Corporation had outstanding 9,500 shares of 9%, $16 par value preferred stock and 39,000 shares of $6 par value common stock. The stockholders' equity account balances of EU Corporation at January 1, 2020 are given below: January 1, 2020 Preferred stock $152,000 Paid-in capital - preferred stock $114,000 Common stock $234,000 Paid-in capital - common stock $312,000 Retained earnings $129.90 Total stockholders' equity $941,900 During January, OEU Corporation entered into the following transactions: January 6: Re-acquired 23,000 of the common shares for $22 per share January 11: Re-issued 1,000 of the shares re-acquired on January 6 for $26 per share January 14: Re-issued 3,000 of the shares re-acquired on January 6 for $19.33 per share January 18: Issued 7,490 previously un-issued common shares for $24 per share January 22: Re-issued 5,000 of the shares re-acquired on January 6 for $25 per share January 28: Re-issued 4,000 of the shares re-acquired on January 6 for $21. 19 per share Calculate the balance in the retained earnings account at January 31, 2020. At January 1, 2020, OEU Corporation had outstanding 9,500 shares of 9%, $16 par value preferred stock and 39,000 shares of $6 par value common stock. The stockholders' equity account balances of OEU Corporation at January 1, 2020 are given below: January 1, 2020 Preferred stock $152,000 Paid-in capital - preferred stock $114,000 Common stock $234,000 Paid-in capital - common stock $312,000 Retained earnings $129,900 Total stockholders' equity $941,000 During January, OEU Corporation entered into the following transactions: January 6: Re-acquired 23,600 of the common shares for $22 per share January 11: Re-issued 1,000 of the shares re-acquired on January 6 for $26 per share January 14: Re-issued 3,000 of the shares re-acquired on January 6 for $19.33 per share January 18: Issued 7,480 previously un-issued common shares for $24 per share January 22: Re-issued 5,000 of the shares re-acquired on January 6 for $25 per share January 28: Re-issued 4,000 of the shares re-acquired on January 6 for $21. 19 per share Assume on February 2, 2020, OEU Corporation declared and paid the annual preferred stock dividend and a $3.75 per share dividend on the outstanding common stock. Calculate the total dividend (preferred stock dividend + common stock dividend) paid to stockholders on February 2, 2020
