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1 On January 1. Ayayal Corp. had 63,200 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per

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1 On January 1. Ayayal Corp. had 63,200 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr Issued 19,350 additional shares of common stock for $12 per share. June 15 Declared a cash dividend of $1.55 per share to stockholders of record on June 30. July 10 Paid the $1.55 cash dividend Dec Issued 8.600 additional shares of common stock for $11 per share. Dec 15 Declared a cash dividend on outstanding shares of $1.65 per share to stockholders of record on December 31. 1 Prepare a tabular summary to record the three dates that involved dividends. Include margin explanations for the changes in revenues and expenses. Of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced. Round answers to decimal places, eg, 5,276) Assets Liabilities Pald-In-Capital Cash Dividend Payable Revenu June 15 $ $ July 10 Dec 15

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