Moving to another question will save this response. Question 23 On January 2, 2018, Ava Co. issued at face value $53,300 of 0% bonds convertible in total into 9,840 ware of Nivel's common stock No bonds were converted during 2014 Throughout 2018, Ava hand 10,000 shares of common stock outstanding. Ava's 2018 net income was $120.200. The income tax rute is 25% No potential common shares other than the convertible bonds were outstanding during 2018 The numerator in the diluted oamings per share calculation for 2018 would be $ 123797.75 A Moving to another question will save this response. MacBook Air ODO FS F4 80 F3 & to another question will save this response Question 24 10 Fowler Inc issuon 300,000 of its common share, $1.50 per per share, and 100,000 of its preferred shares, $10 per. For $1.100.000. Today's le of The Wall Street Journalists For Share There is no established market for the preferred shares a. Prepare the journal entry to record Fowler's total stock issuence (Usefull account names and propere a proper Journal entry. Label your Drand Cr. b. Based on your journal entry, what is the market value for the preferred wres per shre) Explain your answer For the toolbar, press ALT F10 (PC) or ALTHAN+F10 (Mac). B I VS Paragraph v Arial 140X v T. 6 X - 013 TO +] X x, & T TT 19 2 35 E P A Moving to another question will save this response. MacBook Air 18 12 BO 000 54