Hi, I'm not looking to just get answers, I really need to learn how to do. Please help me figure out the formula. For example I believe #4 answer is 3,900,000 (4000000-100000)?

4. Sandy Corporation issued 200,000 shares of $5 par value common stock at the time of its incorporation. The stock was issued for cash at a price of $20 per share. During the first year of operations, the company sustained a net loss of $100,000. The year-end balance sheet would show the balance of the Common Stock account to be:
Answer A) $1,000,000 B) $900,000 C) $4,000,000 D) $3,900,000
Question 5
5. Fella Corporation has outstanding 50,000 shares of $1 par value common stock as well as 10,000 shares of 6%, $100 par value cumulative preferred stock. At the beginning of the year, the balance in retained earnings was $500,000, and one year's dividends were in arrears. Net income for the current year is $260,000. Compute the balance in retained earnings at the end of the year if Fella Corporation pays a dividend of $2 per share on its common stock this year.
Answer A) $660,000 B) $760,000 C) $600,000 D) $540,000
Question 6
Use the following to answer question 6 :
On January 1, 2002, Sony Corporation issued 80,000 shares of its total 200,000 authorized shares of $3 par value common stock for $10 per share. On December 31, 2002, Sony Corporation's common stock is trading at $15 per share.

6. Refer to the above data. Assuming Sony Corporation did not issue any more common stock in 2002, how does the increase in value of its outstanding stock affect Sony?
Answer A) Sony should recognize additional net income for 2002 of $5 per share, or $400,000.
B) Paid-in capital at December 31, 2002, is $1,200,000 (i.e. 80,000 shares times $15 per share).
C) This increase in market value of outstanding stock is not recorded in the financial statements of Sony Corporation.
D) Each shareholder must pay an additional $5 per share to Sony.
Question 7
Use the following to answer questions 7 - 10:
Shown below is information relating to the stockholders' equity of Magic Corporation as of December 31, 2001:
8% cumulative preferred stock, $100 par,
Callable at $106 $ 200,000
Common stock, $10 par, 500,000 shares
Authorized, 80,000 shares issued and outstanding 800,000
Additional paid-in capital: common stock 300,000
Retained earnings (Deficit) (20,000)
Dividends in arrears 16,000
Question 8
8. Refer to the above data. What was the original issue price per share of common stock?
Answer A) $10.00 per share. B) $12.50 per share. C) $13.75 per share. D) Some other amount.
Question 9
9. Refer to the above data. Compute total paid-in capital.
Answer A) $1,320,000. B) $1,280,000. C) $1,300,000. D) Some other amount.
Question 10
10. Refer to the above data. Total stockholders' equity is:
Answer A) $1,300,000. B) $1,320,000. C) $1,280,000. D) Some other amount.
Question 11
11. Which of the following individuals has the most power to influence corporate policy on a long-term basis?
Answer A) A shareholder owning 60% of the outstanding common stock.
B) A shareholder owning 80% of the outstanding preferred stock.
C) The treasurer of the corporation.
D) The controller of the corporation.
Question 12
12. The overall effect of declaring and distributing a cash dividend includes each of the following except:answer A) Reducing total assets B) Reducing stockholders' equity C) Reducing the balance of the Retained Earnings account D) Reducing net income for the period.
Question 13
13. The financial statements of a corporation that failed during the current year to pay any dividends on its cumulative preferred stock should:
Answer A) Include the amount of the omitted dividends among its current liabilities
B) Include a footnote disclosing the amount of the dividends in arrears.
C) Show the amount of the omitted dividends as a deduction from retained earnings
D) List the omitted dividends as a long-term liability
18. Justa Corporation has total stockholders' equity of $7,400,000. The company's outstanding capital stock includes 100,000 shares of $10 par value common stock and 20,000 shares of 6%, $100 par value preferred stock. (No dividends are in arrears.) The book value per share of common stock is

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4. Sandy Corporation issued 200,000 shares of $5 par value common stock at the time of its incorporation. The stock was issued for cash at a price of $20 per share. During the first year of operations, the company sustained a net loss of $100,000. The year-end balance sheet would show the balance of the Common Stock account to be:
Answer A) $1,000,000 B) $900,000 C) $4,000,000 D) $3,900,000
200,000 shares of $5 par Val common stock=1,000,000, Sold $20 per share=4,000,000, Net Loss 100,000= 3,900,000?
Question 5
5. Fella Corporation has outstanding 50,000 shares of $1 par value common stock as well as 10,000 shares of 6%, $100 par value cumulative preferred stock. At the beginning of the year, the balance in retained earnings was $500,000, and one year's dividends were in arrears. Net income for the current year is $260,000. Compute the balance in retained earnings at the end of the year if Fella Corporation pays a dividend of $2 per share on its common stock this year.
Answer A) $660,000 B) $760,000 C) $600,000 D) $540,000
Question 6
Use the following to answer question 6 :
On January 1, 2002, Sony Corporation issued 80,000 shares of its total 200,000 authorized shares of $3 par value common stock for $10 per share. On December 31, 2002, Sony Corporation's common stock is trading at $15 per share.

6. Refer to the above data. Assuming Sony Corporation did not issue any more common stock in 2002, how does the increase in value of its outstanding stock affect Sony?
Answer A) Sony should recognize additional net income for 2002 of $5 per share, or $400,000.
B) Paid-in capital at December 31, 2002, is $1,200,000 (i.e. 80,000 shares times $15 per share).
C) This increase in market value of outstanding stock is not recorded in the financial statements of Sony Corporation.
D) Each shareholder must pay an additional $5 per share to Sony.
Question 7
Use the following to answer questions 7 - 10:
Shown below is information relating to the stockholders' equity of Magic Corporation as of December 31, 2001:
8% cumulative preferred stock, $100 par,
Callable at $106 $ 200,000
Common stock, $10 par, 500,000 shares
Authorized, 80,000 shares issued and outstanding 800,000
Additional paid-in capital: common stock 300,000
Retained earnings (Deficit) (20,000)
Dividends in arrears 16,000
Question 8
8. Refer to the above data. What was the original issue price per share of common stock?
Answer A) $10.00 per share. B) $12.50 per share. C) $13.75 per share. D) Some other amount.
Question
9. Refer to the above data. Compute total paid-in capital.
Answer A) $1,320,000. B) $1,280,000. C) $1,300,000. D) Some other amount.
Question 10
10. Refer to the above data. Total stockholders' equity is:
Answer A) $1,300,000. B) $1,320,000. C) $1,280,000. D) Some other amount.
Question
18. Justa Corporation has total stockholders' equity of $7,400,000. The company's outstanding capital stock includes 100,000 shares of $10 par value common stock and 20,000 shares of 6%, $100 par value preferred stock. (No dividends are in arrears.) The book value per share of common stock is? 7,400,000/total of shares= book value
So first one is 100,000 shares $10 par v= 1,000,000 and now I'm stuck ($10*6%)?