1. Prepare the journal entry to record Tamas Company's issuance of 5,800 shares of $100 per value, 6% cumulative preferred stock for $104 cash per share. View transaction list Journal entry worksheet Record the issue of $100 par value prefer Note: Enter debts before credits Rody 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.) Par Value per Preferred Dividend Rate Share 3 1008.0% Dividend per Preferred Share 8 .00 Number of Preferred Shares Preferred Dividend 5.800 $ 44.800