18A-1. Peter Corporation was authorized to issue 33,000 shares of common stock. Record the journal entry for each of the following independent situations, assuming Peter issues 6,300 shares at $10 on July 20, 2018: a. Common stock has a $6 par value. b. Common stock has no-par and no stated value. c. Common stock is no-par stock with a stated value of $6. 18A-3. April Corporation in its first three years of operation paid out the following dividends: Year 1:0 Year 2: $27,000 Year 3: $94,000 Given that April has 2,800 shares of $100 par 8% cumulative, nonpartici- pating preferred stock and 14,500 shares of $25 par value common stock, what would be the total dividends paid each year to holders of common and preferred stock