wine data is available for Bline Corporation December 31, 2012 Treasury Stock cat cost $15 per share common stock par 10 nuthorised 25.000 shares) $200.000 on the data how shares of c ons t anding? 12. Evergreen Manufacturing Corporation purchased 4,000 shares of its own previously iswed 510 par common stock for $92,000. As a result of this event, Evergreen's Common Stock account decreased $40,000. b. Evergreen's total stockholders' equity decreased $92.000. Evergreen's Paid-in Capital in Excess of Par account decreased $52.000 d. An of the above. 13. Flve thousand shares of treasury stock of Marker, Inc., previously acquired at $14 per share, are vold at $20 per share. The entry to record this transaction will include a a. credit to Treasury Stock for $100,000 b. debit to Paid-in Capital from Treasury Stock for $30,000. C. debit to Treasury Stock for $70,000. d. credit to Paid In Capital from Treasury Stock for $30,000 14. T F A correction in income of a prior period involves either a debitor credit to the Retained Earnings account. 15. Which one of the following events would not require a formal journal entry on a corporation's books? a. 2 for 1 stock split b. 100% stock dividend C2% stock dividend d. $1 per share cash dividend 16. Dividends Payable is classified as a a. long-term liability. b. contra stockholders' equity account to Retained Earnings. c. current liability. d. stockholders' equity account. 17. Somento Forest Inc. has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 10 shares of $1 par value common stock outstanding at December 31, 2017. What is the annual di on the preferred stock? a. $60 per share b. $60,000 in total c. $100,000 in total d. $0.60 per share