Show Computations... 1. Titan Corporation has 20,000 shares of $10 par common stock outstanding and 10,000 shares of $100 par, 6% cumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $300,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively? 2. On October 1, 2019, Lola Corporation declared and issued a 10% stock dividend. Before this date, Lola had 80,000 shares of $5 par common stock outstanding. The market value of Lola Corporation on the date of declaration was $10 per share. As a result of this dividend, Lola's retained earnings will: 3. Toy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares for $200,000. In 2018, 10,000 of the repurchased shares were resold for $160,000. In its balance sheet dated December 31, 2018, Toy, Inc.'s treasury stock account shows a balance of: 4. R Co. has outstanding 100 million shares, $1 par common stock, selling for $8 per share. After a 1 for 4 reverse stock split: 5. SOSA, Inc. reported net income for 2019 is $105,000. During 2019 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. SOSAs' earnings per share for 2019 is 6. On December 31, a corporation had 21,000 shares of common stock outstanding. The company declared and paid a cash dividend of $60,000 and earned $660,000 net income. The earnings per share for the year was 7. On January 1, a corporation had 19,500 shares of common stock outstanding, and reacquired 3,000 shares on that date. The company earned net income of $540,000 and paid a cash dividend on its common stock of $36,000. The earnings per share for the year was