1. Prepare the journal entry to record Tamas Company's issuance of 5,500 shares of $100 par value, 7% cumulative preferred stock for $105 cash per share. 2. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Tamas Company's issuance of 5,500 shares of $100 p $105 cash per share. View transaction list Journal entry worksheet A Record the issue of $100 par value preferred stock for $105 cash per share. 1. Prepare the journal entry to record Tamas Company's issuance of 5,500 shares of $100 par value, 7% cumulative preferred stock for $105 cash per share. 2. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amo shareholders? (Assume no dividends in arrears.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend %