$ 2,000 , the market value of the bonds is $ 110,000 , and the stock is quoted on the market at $ 60 per share . If the bonds are converted into common , what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds ?
4 ) Didde Co . had 300,000 shares of common stock issued and outstanding at December 31 , 2014 . No common stock was issued during 2015 . On January 1 , 2015 , Didde issued 200,000 shares of nonconvertible preferred stock . During 2015 , Didde declared and paid $ 75,000 cash dividends on the common stock and $ 60,000 on the preferred stock . Net income for the year ended December 31 , 2015 was $ 465,000 . What should be Didde ' s 2015 earnings per common share ?
5 ) Weiser Corp . on January 1 , 2012 , granted stock options for 40,000 shares of its $ 10 par value common stock to its key employees . The market price of the common stock on that date was $ 23 per share and the option price was $ 20 . The Black-Scholes option pricing model determines total compensation expense to be $ 420,000 . The options are exercisable beginning January 1 , 2015 , provided those key employees are still in Weiser ’ s employ at the time the options are exercised . The options expire on January 1 , 2016 .
On January 1 , 2015 , when the market price of the stock was $ 29 per share , all 40,000 options were exercised . The amount of compensation expense Weiser should record for 2015 under the fair value method is
6 ) Carr Corporation retires its $ 300,000 face value bonds at 105 on January 1 , following the payment of interest . The carrying value of