15 (8 Points): Company 3 led 50,000 shares of $10 Pur Commock for $12 per share and 25,000 shares of 8% Preferred Stock, with a Par Value of $20 for $30 each a) Journalize the Entry for the issuance of the shares. You can omit the description Common Stock: Preferred Stock: b) If the Company pays a cash dividend of $100,000 in year 1 (so there are not any dividends in arrears, how much will each shareholder receive? Preferred Stock: Common Stock: 25,000 shares of churned Sack, with a Par Vibe X20 e 30 ch 15 Pala) Company in 5.000 of $10 Par Sock for $12 per share and amalize the Erary for the issuance of the shares. You can omit the d Common Stock Preferred Stock b) If the Company pays a cash dividend of $100,000 in year 1 (so there are not ang dividends in arrears, how much will cach shareholder receive? Preferred Stock Common Stock