Teal Corporation is preparing its December 31, 2025, balance sheet. The following items may be reported as either a current or long- term liability. 1. 2. 3. 1. 2. On December 15, 2025, Teal declared a cash dividend of $3.60 per share to stockholders of record on December 31. The dividend is payable on January 15, 2026. Teal has issued 1,000,000 shares of common stock, of which 50,000 shares are held in treasury. For each item above, indicate the dollar amounts to be reported as a current liability and as a long-term liability, if any. 3. At December 31, bonds payable of $109,637,000 are outstanding. The bonds pay 12% interest every September 30 and mature in installments of $27,409,250 every September 30, beginning September 30, 2026. At December 31, 2024, customer advances were $14,414,000. During 2025, Teal collected $31,008,000 of customer advances; advances of $26,664,000 should be recognized in income. Dividends payable Bonds payable (September 30, 2026 installment) Bonds payable (Other than September 30, 2026 installment) Interest payable Customer advances $ $ $ LA $ LA LA $ Reported as

Mechforce, Incorporated had net income of $150,000 for the year ended December 31, 2022. At the beginning of the year, 17,000 shares of common stock were outstanding. On April 1, an additional 19,000 shares were issued. On October 1, the company purchased 4,000 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Mechforce paid the annual dividend on the 8,000 shares of 4.60%, $100 par value preferred stock that were outstanding the entire year. Required: Calculate basic earnings per share of common stock for the year ended December 31, 2022. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct. Earnings per share $ 0.74 x

Fall Corporation's capital structure consists of 500,000 authorized shares of common stock, of which 100,000 have been issued and are still outstanding. At December 31, 2022, an analysis of the accounts and discussions with company officials revealed the following information: Accounts payable...... Accounts receivable (trade accounts). Accumulated depreciation..... Accumulated other comprehensive income. Allowance for uncollectible accounts. Amortization expense.. Cash....... Common stock ($1 par value) Cost of goods sold Deferred revenue.. Depreciation expense. Dividend revenue.. Fair value adjustment (trading securities - debit balance). Gain on investments (Unrealized, NI).... General and administrative expenses. Interest expense... Interest payable..... Inventory, December 31, 2022. Investments in trading securities (cost)... Land held for future plant site.... 4% Notes payable (maturity 7/1/26 - $40,000 due July 1, 2023)... Paid in capital in excess of par.. Patents...... Pension…

White Corporation provided you with the following summary of total assets and liabilities at January 1, 2021 and at December 31, 2021.Assets, January 1, 2021 - P9,000,000Assets, December 31, 2021 - P12,000,000Liabilities, January 1, 2021 - P3,200,000Liabilities, December 31, 2021 - P4,500,000During 2021, the company issued 10,000 shares of its P100 par ordinary share at P150 per share and declared dividends of P280,000.  There were no other changes affecting the equity accounts. How much is White Corporation’s profit for the year 2021?