LATOR FULLSCREEN PRINTER VERSION BACK NEXT Question 31 On January 1, Bonita Corporation had 75000 shares of $10 par value common stock outstanding. On June 17, the company declared a 15% stock dividend to stockholders of record on June 20 Market value of the stock was $12 on June 17. The stock was distributed on June 30. The entry to record the transaction of June 30 would include a O credit to Common Stock for $112500. Odebit to Common Stock Dividends Distributable for $135000. O debit to Stock Dividends for $22500. O credit to Paid-in Capital in Excess of Par for $22500. Question 33 CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Sheffield Inc., has 3800 shares of 5%, $50 par value, cumulative preferred stock and 99200 shares of $1 par value common stock outstanding at December 31, 2020, and December 31, 2019. The board of directors declared and paid a $4500 dividend in 2019. In 2020, $25300 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 20207 O $9500 $108001 O $12650 O $14500