Part A)

On August 1, 2018, Towson Corp., declared a 5% stock dividend on its common stock when the market value of the common stock was $18 per share.The balance in the common stock account, before the stock dividend was declared, was $1,000,000.The par value of all common stock is $10.What is the total dollar amount credited to additional paid in capital - common stock on August 1, 2018?

Part B)

Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018, Easton Company acquired the following trading securities:

Date

Company

# of Shares

Price per Share

8/15

X Company

1,500

$42

9/25

Y Company

1,250

30

9/30

Z Company

1,000

22

On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12 per share. The following were the year-end market values:

Company

FMV per Share

X Company

$45

Y Company

15

Z Company

21

What the total dollar values that Easton Company should record for theUnrealized Gain or (Loss) on Trading Securities for 2018?Enter a Loss as a negative number.