Question 42 Use the following fact pattern for questions 42-46. During the first year of operations, Dead and Company had the following transactions: Jan 1 - Issued 75,000 shares of $1 par value common stock at $25 per share. May 24 - Reacquired 6,000 shares of common stock sold on Jan. 1 for $22 per share. Aug 31 - Sold 1,000 shares of its treasury stock purchased on May 24 for $23 per share. Oct 18 - The board of directors declared and distributed a 10% common stock dividend. The market price of the common stock was $27 per share at the time of the declaration Nov 24 - The board of directors declared a cash dividend of $0.75 per share payable to stockholders on December 8. Dec 8 - Paid the cash dividends declared on November 24. The journal entry on January 1 will include a debit to cash in the amount of: Question 43 2 pts The journal entry that Dead & Co. will record on May 24 will include a credit to cash in the amount of: Question 44 2 pts The journal entry that Dead & Co. will record on August 31 will include a credit to additional paid-in capital in the amount of: D Question 45 2 pts How much cash did Dead & Co. distribute on October 18? Question 46 4 pts The journal entry that Dead & Co will record on November 24, will include a debit retained earnings in the amount of