Question 13 of 25 -/4 III View Policies Current Attempt in Progress Vaughn, Inc. has 24500 shares of 6%, $100 par value, noncumulative preferred stock and 49500 shares of $1 par value common stock outstanding at December 31, 2021. There were no dividends declared in 2020. The board of directors declares and pays a $249000 dividend in 2021. What is the amount of dividends received by the common stockholders in 2021? O $147000 O $0 O $102000 O $249000 Question 14 of 25 - 74 View Policies Current Attempt in Progress The Waterway Corporation issues 7200 shares of $100 par value preferred stock for cash at $120 per share. The entry to record the transaction will consist of a debit to Cash for $864000 and a credit or credits to O Paid-in Capital from Preferred Stock for $864000. O Preferred Stock for $720000 and Paid-in Capital in Excess of Par-Preferred Stock for $144000. O Preferred Stock for $864000. O Preferred Stock for $720000 and Retained Earnings for $144000. Question 15 of 25 - 74 III View Policies Current Attempt in Progress Sheffield, Inc. has 11400 shares of 7%, $100 par value, cumulative preferred stock and 114000 shares of $1 par value common stock outstanding at December 31, 2021. If the board of directors declares a $79800 dividend, the O preferred shareholders will receive the entire $79800. O preferred shareholders will receive $39900 and the common shareholders will receive $39900. O preferred shareholders will receive 1/10th of what the common shareholders will receive. O $79800 will be held as restricted retained earnings and paid out at some future date