stocks and bonds

QUESTION 2 The Stockholders' Equity section of the Balance Sheet of Carpenter Corporation on December 31, 2019, showed Cumulative Preferred 9% Stock, $49 par (1,482 shares authorized, 473 shares issued); Common Stock, $21 par (28,908 shares authorized, 12,815 shares issued); and Retained Earnings of $1,057. The Notes to the Financial Statements in the Annual Corporate Report for 2019 indicate that the market values of the stock are $42 per share (Cumulative Preferred) and $17 per share (Common). Forecasts in the Annual Report also indicate that investments in future growth in 2020 are expected to result in sustained increased prots. In consideration of these matters, the Board of Directors has seemed approval 'om the Securities and Exchange Commission for a bond issuance. The Board of Directors has also decided to forego paying dividends in 2019, and to repurchase shares of the corporation's common stock at par, with a View to reselling the stock when market rates rise with increased protability. On January 2, 2020, $231,634 in 11 year, 7% bonds with a market interest rate of 9%, and interest payable semiannually, were issued for $181,183. On January 3, the corporation purchased 1,948 shares of its common stock at par. Prots soared during 2020, and on May 1, the corporation resold 1,532 shares of treasury stock, at $8 above par. On June 30, bond interest was paid. On December 31, the corporation showed an aer tax Net Income of $55,845. On December 31, bond interest was paid; and dividends were declared and paid. Common shareholders received $2.33 per share. What is the Total Stockholders' Equity on the Balance Sheet on December 31, 2020? QUESTION 3 On January 2, 2020, $205,777 in 10 year, 7% bonds with a market interest rate of 9%, and interest payable semiannually, were issued for $184,242. On June 30, bond interest was paid. On December 31, the corporation showed an alter tax Net Income of $54,565. On December 31, bond interest was paid; and dividends were declared and paid. What is the Bond Interest Expense on the Income Statement on December 31, 2020? ' 1o poinls W 10 points Salve