Question 46 (10 points) Kaco Corp owns 15,000 shares of Blaco Corp's 80,000 outstanding shares of common stock. Blaco's Board of Directors declares a dividend of $1.33 per share. Kaco Corp would record the receipt of the dividend as follows: a) Debit Dividend Revenue 19,950 and Credit Cash 19,950 b) None of these answers is correct. O c) Debit Cash 19,950 and Credit Dividend Revenue 19,950 d) Debit Cash 106,400 and Credit Dividend Revenue 106,400 Question 47 (15 points) Tum-Tum Corp has 215.000 shares of common stock outstanding. The par value is $0.001 and the market value is $73.15 per share. On 24 January the Board of Directors declares a 15% stock dividend to be distribute on 11 February. The declaration would be recorded as DEC . . hulu 16