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this is whole one question and i hope you could answer all parts of it. Jackson Atari had the following shares issued and outstanding on

this is whole one question and i hope you could answer all parts of it.
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Jackson Atari had the following shares issued and outstanding on January 1, 2020: $1.75 cumulative, convertible preferred shares, 18,000 outstanding $160,000 Common shares, 72,000 outstanding $274,000 On February 17, 18% of the preferred shareholders converted to common shares. One preferred share could be converted into four common shares. On March 12, the Board of Directors declared a 5% stock dividend to all common shareholders of record on March 20 to be distributed on March 31. The common share price was $3.20 on the declaration date, $3.35 on the date of record and $3.50 on the distribution date. On October 1 the company split their common stock 2:1 and then repurchased all of the common shares for $2.00 each. SEE TEMPLATE AREA FOR REQUIRED: a) What is the dollar value of the preferred share conversion? b) How many common and preferred shares are outstanding after the preferred share conversion? c) How many new common shares will be issued as a result of the stock dividend? d) What is the value of the stock dividend? e) Will the company have to pay preferred shareholders their $1.75 dividend before declaring and distributing the stock dividend to common shareholders? Explain. f) How many common shares are outstanding after the stock split? 1 g) Did the company re-purchase the common shares at a gain or a loss? Explain and show all calculations. h) Where would this gain or loss be recorded (which account?)

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