Question 31 (3 points) Refer to the information presented above for Bernie's Deli, Inc. What is the total amount of stockholders' equity that will be presented on Bernie's March 31, 2010, balance sheet? $1,340,000 $1,372,000 $1,708,000 $1,740,000 Question 32 (3 points) Refer to the information presented above for Bernie's Deli, Inc. Suppose that Bernie reissued 1,000 shares of its treasury stock on June 1, 2010, for $44 each. Which of the following is true regarding the entry required to record this transaction? O A debit to treasury stock is required for $44,000. A credit to treasury stock is required for $50,000. A credit to retained earnings is required for $6,000. A debit to Additional Paid-in Capital, Treasury Stock is required for $6,000. Question 33 (3 points) Refer to the information presented above for Bernie's Deli, Inc. Suppose that Bernie reissued 1,000 shares of its treasury stock on June 1, 2010, for $39 each. Which of the following is true regarding the entry required to record this transaction? O A debit to treasury stock is required for $50,000. O A credit to treasury stock is required for $39,000. O A debit to retained earnings is required for $11,000. O A debit to Additional Paid-in Capital, Treasury Stock is required for $3,000. Question 31 (3 points) Refer to the information presented above for Bernie's Deli, Inc. What is the total amount of stockholders' equity that will be presented on Bernie's March 31, 2010, balance sheet? $1,340,000 $1,372,000 $1,708,000 $1,740,000 Question 32 (3 points) Refer to the information presented above for Bernie's Deli, Inc. Suppose that Bernie reissued 1,000 shares of its treasury stock on June 1, 2010, for $44 each. Which of the following is true regarding the entry required to record this transaction? O A debit to treasury stock is required for $44,000. A credit to treasury stock is required for $50,000. A credit to retained earnings is required for $6,000. A debit to Additional Paid-in Capital, Treasury Stock is required for $6,000. Question 33 (3 points) Refer to the information presented above for Bernie's Deli, Inc. Suppose that Bernie reissued 1,000 shares of its treasury stock on June 1, 2010, for $39 each. Which of the following is true regarding the entry required to record this transaction? O A debit to treasury stock is required for $50,000. O A credit to treasury stock is required for $39,000. O A debit to retained earnings is required for $11,000. O A debit to Additional Paid-in Capital, Treasury Stock is required for $3,000