1. Prepare the journal entry to record Tamas Company's issuance of 6,400 shares of $100 par value, 8% 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.) 24 5 Complete this question by entering your answers in the tabs below. points 01:02:31 Required 1 Required 2 Prepare the journal entry to record Tamas Company's issuance of 6,400 shares of $100 par value, 8% cumulative preferred stock for $104 cash per share View transaction list Journal entry worksheet A Record the issue of $100 par value preferred stock for $104 cash per share Note: Enter debits before credits. Debit General Journal Credit Transaction Record entry Clear entry View general journal Required 1 Required 2 1. Prepare the journal entry to record Tamas Company's issuance of 6,400 shares of $100 par value, 8% 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.) 24 5 Complete this question by entering your answers in the tabs below. points 01:02:23 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.) Dividend per Preferred Share Par Value per Preferred Number of Preferred Dividend Dividend Preferred Rate Shares Share % Required 1 Required 2