The charter of a corporation provides for the issuance of 105,000 shares of common stock. Assume that 54,000 shares were originally issued and 4,500 were subsequently reacquired. What is the number of shares outstanding? b. 58,500 b. 49,500 c. 4.500 d. $4,500 Bonds Payable has a balance of $1,035,000 and Discount on Bonds Payable has a balance of $10,350. If the issuing corporation redeems the bonds at 97.5 , what is the amount of gain or loss on redemption? a. 510350 gain b. 515.5251005 c. 510,350106 d. 51,525 gein If $682,000 of 10% bonds are issued at 94 , the amount of cash received from the sale is a. 5750,200 b. $613,800 c. $641,080 d. 5682,000 The charter of a corporation provides for the issuance of 108,000 shares of common stock. Assume that 39,000 shares were originally issued and 4,800 were subsequently rescquired. What is the amount of cash dividends to be paid if a $3-per-share dividend is deciared? 1. 514,400 b. 5102,600 c. 5117,000 d. $124,000 Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported a $11,800 net loss. Zach Company's entry would include a 3. debih to the investinent accoser for $5.310 b. ctrdit te cash for 55,310 c. crabin to the investenent account for 55,310 d. credit wa a loss eccount for 55,310