Use the following to answer questions 6-12 JR, Inc., has two classes of stock authorized: $100.00 par preferred and $0.01 par value common. As of the beginning of 20XC, 1,000 shares of preferred stock and 700,000 shares of common stock have been issued. Record the following transactions to complete the Statement of Stockholders' Equity: Effect on Stockholders' Equity Issue 1,000 additional shares of preferred 1-Mar stock for $101.00 per share Issue 100,000 additional shares of 1-Apr common stock for $18 per share Declare a cash dividend on both common 1-Jun and preferred stock of $1.50 per share to all stockholders of record on June 15. 30-Jun Pay the cash dividend declared on June 1. Repurchase 50,000 shares of common 1-Aug treasury stock for $19.00 per share Reissue 20,000 shares of treasury stock 1-Oct purchased on August 1 for $20.00 per share 31-Dec Net income for the year was $1,300,000 Use the following to answer questions 13-17 KC Corp's management is considering either a 100% stock dividend or a 2 for 1 stock split. Complete the following chart to assist in answering the following After 100% Stock Dividend After 2-for-1 Stock Split Before $30,000 4.710.000 Common stock. $0.10 par value Additional paid in capital Total paid in capital Retained Earnings Total stockholders' equity 4,740,000 1,500,000 $6.240000 Shares outstanding Par value per share Share price 300,000 $0.10 $250.00