Murphy's, Inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share and a market value of $10.00 a share. The balance sheet shows $87,350 in the capital in excess of par account, $31,700 in the common stock account, and $142,950 in the retained earnings account. The firm just announced a 12 percent stock dividend. What is the value of the capital in excess of par account after the dividend

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?