The following data were reported by a corporation: Authorized shares Issued shares Treasury shares 27,000 22,000 7,000 The number of outstanding shares is: Multiple Choice 27000 Sweet Company's outstanding stock consists of 1,200 shares of noncumulative 4% preferred stock with a $100 par value and 11,200 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid $ 3,200 $ 8,400 $38,888 Year 1 Year 2 Year 3 The total amount of dividends paid to preferred and common shareholders over the three-year period is, Multiple Choice Eastline Corporation had 19,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 7,220 shares. At the time of the stock dividend, the market value per share was $20. The entry to record this dividend is Multiple Choice Debit Common Stock Dividend Distributable $144.400, credit Retained Earnings $144,400 Debit Retained Earnings $144,400credit Common Stock Dividend Distributable $144.400, Debit Retained Earnings $144,400, credit Common Stock Dividend Distributable $72,200, credit Paid-in Capital The following data were reported by a corporation: Authorized shares Issued shares Treasury shares 27,000 22,000 7,000 The number of outstanding shares is: Multiple Choice 27000 Sweet Company's outstanding stock consists of 1,200 shares of noncumulative 4% preferred stock with a $100 par value and 11,200 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid $ 3,200 $ 8,400 $38,888 Year 1 Year 2 Year 3 The total amount of dividends paid to preferred and common shareholders over the three-year period is, Multiple Choice Eastline Corporation had 19,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 7,220 shares. At the time of the stock dividend, the market value per share was $20. The entry to record this dividend is Multiple Choice Debit Common Stock Dividend Distributable $144.400, credit Retained Earnings $144,400 Debit Retained Earnings $144,400credit Common Stock Dividend Distributable $144.400, Debit Retained Earnings $144,400, credit Common Stock Dividend Distributable $72,200, credit Paid-in Capital