When shares are issued in exchange for an asset (i.e. equipment/inventory); the transaction is valued at the fair value of the assets received (assuming the fair value of these is known). True False Question 2 (1 point) OSRS Inc. has 50,000 shares of preferred shares outstanding, with annual dividends paid at the rate of $1.50 per share(nothing in arrears). OSRS also has 100,000 shares of common shares outstanding. If OSRS declares a $250,000 dividend in 2020 , each outstanding share of common shares would receive: $1.17/ share $1.75/ share $1.50 /share $2.50/ share