Can you pleasee answer these questions.
Roberto Designers was organized on January 1, 2024. The firm was authorized to issue 130,000 shares of $4 par value common stock. During 2024, Roberto had the following transactions relating to stockholders' equity:
Issued 13,000 shares of common stock at $6 per share.
Issued 26,000 shares of common stock at $7 per share.
Reported a net income of $130,000.
Paid dividends of $65,000.
Purchased 2,000 shares of treasury stock at $9 (part of the 26,000 shares issued at $7).
What is total stockholders' equity at the end of 2024?
A. 307,000
b.333,000
c. 697,000
d. 567,000
2. American Sunwear issues 2,000 shares of its $10 par value preferred stock for $23 per share. What is the per-share book value of its paid-in capital?
A. $23
B.$13
C. $10
D.$0
3. On November 1, 2024, a company signed a $101,000, 3%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2025. The company reported accrued interest on December 31, 2024. The payment of the note and interest on May 1, 2025, causes assets to decrease by $102,515 and which of the following?
A. Liabilities to decrease by $102,515.
B. Liabilities to decrease by $103,020 and stockholders’ equity to decrease by $1,010.
C. Liabilities to decrease by $101,505 and stockholders’ equity to decrease by $1,010.
D.Liabilities to decrease by $101,000 and stockholders’ equity to decrease by $3,030.
