The Lumiere brothers’ invented a machine called the ______ which allowed the first films to be projected for multiple viewers at the same time.

Below you can find the part II of this exam. Please download the file below to complete additional four problem-solving questions (31 points total): Journal Entries (9 points) Journal Entries and Calculation (6 points) Statement of Cash FLows (8 points) Statement of Stockholders’ Equity (8 points) Once you completed them, please submit the completed excel file here for grading through the “Attachment” tab above. Failure to submit a completed excel file may result in an automatic 0 for all questions involved. Exam 4_ACCT200_Part II.xlsx

18. Which of the following investment securities held by Armstrong Incorporated may be classified as held-to-maturity securities in its balance sheet? (    ) 

2. When a company issues 32,000 shares of $4 par value common stock for $40 per share, the journal entry to record the issuance would include a: (    ) 

24. Marlowe Inc. has 5,000 shares of 6%, $100 par value cumulative preferred stock outstanding and 20,000 shares of common stock. The company paid no dividends in 2025 (one year in arrears). In 2026, the board declares total dividends of $90,000. Determine how much of the $90,000 goes to preferred stockholders and how much goes to common stockholders (please enter a numeric value, no comma needed) (3 points).

1. Stockholders can: (    ) 

21. Match the following terms to the appropriate definitions/descriptions. Not every choice needs to be used. (2 points each)

14. Pumpkin Incorporated sold $500 in pumpkins to a customer on account on January 1. On January 11, Pumpkin collected the cash from that customer. What is the impact on Pumpkin’s accounting equation from the collection of cash? (    ) 

13. The accounts that represent the resources of the company are called: (    ) 

12. Which of the following statements about the statement of cash flows is not correct? (    )