Question 36 A corporation reported the following equity section on its current balance sheet. The common stock is currently selling for 515.00 per share, Common Stock. $6 par, 106.000 shares authorized, 57.000 shares issued and outstanding Paid in Capital in Excess of Par Retained Earnings Total Stockholders' Equity $342.000 150,000 500.000 3992,000 Which of the following would be included in the entry to record the distribution of a 15% stock dividend! Paid in Capital Excess of Par Common is debited for $95.400 Stock Dividends would be debited for $95.400 Common Stock-56 Par Value would be credited for $51.300 Stock Dividends would be credited for 551 300 Question 37 Which of the following statements regarding corporations is incorrect? Corporations dominate business activity in the United States Corporations are separate legal entities Most well-known corporations tend to be farge multinational businesses Corporations are businesses organized under state and do not have an existence that is separate from their owners