Bonita Packaging Corporation began business in 2021 by issuing 30900 shares of $3 par common stock for $7 per share and 13600 shares of 5%, $10 par preferred stock for par. At year end, the common stock had a market value of $12. On its December 31, 2021 balance sheet, Bonita Packaging would report:. a. Common Stock of $600,000.b. Common Stock of $150,000.c. Common Stock of $400,000.d. Paid-In Capital of $150,000.

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen