Mcqs please only right option no need explanation but i need fast :

1 : Kabir Clothing Company reported the following balances at December 31, 2020: common stock $400,000; paid-in capital in excess of par value $100,000; retained earnings $250,000. During 2010, the following transactions affected stockholders equity. (1) Issued preferred stock with a par value of $125,000 for $200,000. (2) Purchased treasury stock (common) for $40,000. (3) Earned net income of $180,000. (4) Declared and paid cash dividends of $56,000. Calculate the total of Stockholder's equity section at December 31, 2021 *

$1,034,000

$994,000

$750,000

$994,094

2: Treasury stock is added to the common stockholder's equity and with the increase in treasury stock, the common stockholder's equity increases. *

False

True.

3 : Kabir Clothing Company reported the following balances at December 31, 2020: common stock $400,000; paid-in capital in excess of par value $100,000; retained earnings $250,000. During 2010, the following transactions affected stockholders equity. (1) Issued preferred stock with a par value of $125,000 for $200,000. (2) Purchased treasury stock (common) for $40,000. (3) Earned net income of $180,000. (4) Declared and paid cash dividends of $56,000. Calculate the total of Stockholder's equity section at December 31, 2021 *

$1,034,000

$994,000

$750,000

$994,094

4: Treasury stock is added to the common stockholder's equity and with the increase in treasury stock, the common stockholder's equity increases. *

2 points

False

True

Using the data given below, calculate the total capital stock. *

Captionless Image

$3,380,000

$2,200,000

$4,394,000

$4,514,000

5 :Issued 80,000 shares of common stock, with no par value, for cash at $4 per share. The share has a stated value of $2. It has been recorded in the accounts. Choose all the correct options for recording. *

Credit - Paid in Capital in excess of stated value $160,000

Credit - Common Stock $320,000

Debit - Cash $320,000

Credit - Common Stock $160,000

Debit - Cash $160,000

Credit - Paid in Capital in excess of par value $160,000