QUESTION 21 On January 1, Collins Corporation had 800,000 shares of $10 per value common stock outstanding. On March 31, the company declared a 15% stock dividend. Market value of the stock was $15/share. As a result of this event, O a Collins Paid in Capital in Excess of Par account increased $600,000 O b. Collins total stockholders equity was unaffected Oc Collins' Stock Dividends account increased $1,800,000 d. All of the above QUESTION 22 Crawl Inc., hos 1,000 shares of 6% S50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2011 and December 31, 2012 The board of directors declared and paid a $2,000 dividend in 2011. In 2012, 515,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2012? O a $8,000 O : $12,000 O $11,000 Od: $3.000 QUESTION 23 Cork Inc. declared a 5161.000 cash dividend. It currently has 6,000 shares of 7%, 5100 par value cumulative preferred stock outstanding. It is one year in arrears on its preferred stock. How much cash will Cork distribute to the common stockholders? $76,000 $84.000 $118.000 $77,000