the circled answers are the correct answers given but i need help on how we arrived to each answer please show work if needed on how he got the answer

c. declaration or date of record, whichever is earlier. d. payment 68. At December 31, 1998 and 1999, Rice Corp. had outstanding 2,000 shares of s sdock mon stock. value 8% cumulative preferred stock and 10,000 shares of $10 par value com At December 31, 1998, dividends in arrears on the preferred stock were $8,000. Cas dividends declared in 1999 totaled $30,000. What amounts were payable on each class of stock? Common Stock $14,000 $8,000 $6,000 $0 a. $16,000 b. $22,000 C$24,000 d. $30,000 Palmer Corp. owned 20,000 shares of Didde Corp. purchased in 1994 for $240,000. On December 15, 1998, Palmer declared a property dividend of all of its Didde Corp. shares on the basis of one share of Didde for every 10 shares of Palmer common stock held by its stockholders. The property dividend was distributed on January 15, 1999. On the declaration date, the aggregate market price of the Didde shares held by Palmer was $400,000. The entry to record the declaration of the dividend would include a debit to Retained Earnings of a. $0. b. $160,000. $240,000. $400,000. mon stock dividend. Prior to common stock issued and On May 1, 1998, Kerr Corp. declared and issued a 10% com this dividend, Kerr had 100,000 shares of $1 par value outstanding. The fair value of Kerr's common stock was $20 per share on May 1, 1998 As a result of this stock dividend, Kerr's total stockholders' equity a. increased by $200,000. b. decreased by $200,000. c. decreased by $10,000 d did not change. 74. 76. On December 31, 1998, the stockholders' equity section of Adams, Inc., was as follows: Common stock, par value $10; authorized 30,000 shares issued and outstanding 9,000 shares 90,000 116,000 Additional paid-in capital Retained earnings Total stockholders' equity $380,000 On March 31, 1999, Adams declared a 10% stock dividend, and accordingly 900 additional shares were issued, when the fair market value of the stock was $18 per share For the three months ended March 31, 1999, Adams sustained a net loss of $32,000. The 0 lance of Adams' retained earnings as of March 31, 1999, should be a) $125,800. . $133,000 c. $134,800 d. $142,000