1. Prepare the journal entry to record Tamas Company's issuance of 5,400 shares of $100 par value, 6% cumulative preferred stock for $104 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 5,400 shares of $100 par value, 6% cumulative preferred stock for $104 cash per share. View transaction list Journal entry worksheet Record the issue of $100 par value preferred stock for $104 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 1. Prepare the journal entry to record Tamas Company's issuance of 5,400 shares of $100 par value, 6% cumulative preferred stock for $104 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 amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Par Value per Preferred Share Dividend Rate Dividend perNumber of Preferred Preferred Share Shares Preferred Dividend