QUESTION 6 **********Below are the comparative statements of retained earnings for David-Thinker Corporation were reported in its 2021 annual report as follows. David Thinker Corporation Statement of Retained Earnings For the Years ended December 31 2019 2021 2020 Balance at beginning of year $6,794,292 $5,464,052 $5,624,552 Net Income foss) 3,308,700 2.240.900 (760,500) Deductions: Stock dividend (34.900 shares) 242,000 Common shares retired (110,000 shares) 212,660 Common stock cash dividends 889.950 698.000 Balance at end of year $8.971,042 $6.794,292 $5,464,052 NOTE: At December 31, 2018, common shares consisted of the following Common stock, 1.855,000 shares at $1 par $1,855,000 Paid in capital excess of por.... 7,420,000 assume all these shares were sold on the same day and all entries in the RE statements above are correct. Question. How much cash was used to retire the common shares in 2020? Enter as a positive number QUESTION 7 ********** What is the incremental Impact to APIC-C5 on the day David Thinker's stock is retired in 2020? If decrease, add a negative number before your dollar answer. QUESTION 8 ********* Below are the comparative statements of retained earnings for David Thinker Corporation were reported in its 2021 annual report as follows. David-Thinker Corporation Statement of Retained Earnings For the Years ended December 31 2021 2020 2019 Balance at beginning of year $6,794,292 $5,464,052 $5,624,552 Net Income foss) 3,308, 700 2.240,900 (160,500) Deductions: Stock dividend (34,900 shares) 242,000 Common shares retired 1110,000 shares) 212,660 Common stock cash dividends 899.950 698.000 Balance at end of year 58,971,042 $6,794,292 NOTE: At December 31, 2018, common shares consisted of the following: Common stock, 1.855,000 shares at $1 par..... $7,855,000 Pald in capital excess of par 7,420,000 * assume all these shares were sold on the same day and all entries in the RE statements above are correct. Question. By how many dollars Is APIC-CS credited for David-Thinker on the day of the stock dividend declaration in 2021? $5,464,052