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Answer #1

1. Correct option is :

b. 316000 shares

63200 * 5 = 316000 shares

2. Correct option is

c. credit to Paid in Capital in excess of par - Common Stock for $100,080

3. Correct option is

D. $12,800

40,000 *4 % * (12-4) = $12800

4. Correct option is

a. $25,000 in total

4000*$125 * 5% = $25000

5. Correct option is

a. $180,000

12000 shares * $15 = $180,000

As per Chegg policy only 1st mentioned question can be answered. However i have done next 4 also.

Please post remaining question in other post.  

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