Create the journal entry below. First choose Debit or Credit for the first line Grace Company had the following transaction or transactions during the year: DEBIT or CREDIT If Grace bought back 1,000 of its shares at $16 per share, what is the entry to reissue 600 of the shares at $20 per share? Question 11: Martin Company has the following accounts and balances in its Stockholders' Equity: Preferred stock, 7% ,cumulative, $60 par 6,000 shares issued and outstanding; Common Stock, $1 stated value, 100,000 shares issued and outstanding. How much in dividends, in total, per year, is the preferred stock entitled to, if declared? Use this information to answer the following question: Your Answers (money) Question 13: If the preferred stock has a call price of $15 per share, and there are no dividends in arrears, what is the book value per share of the common stock? Kroner Company has the following Stockholders' Equity section: Preferred Stock, $10 par Common Stock $1.70 par Retained Earnings Paid-in Capital in Excess of Par-Preferred Paid-in Capital in Excess of Par-Commorn Total Stockholders' Equity $86,000 340,000 2.014,000 35,000 20,000 $2.495,000 Your Answers (money) Use this information to answer the following