(3 Grades) 3 points On January 1, 2018 Manama Company has 0% 45,000 shares of $20 par value, Cumulative preferred stock and 120,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows Vaar 2018 2010 2020 Dividends $70,000 $90,000 $130,000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years. Please: Present each year in a separate line. For the toolbar, press ALT+F10 (PC) or ALT FN-F10 (Mac) (7.5 Grades Hamad Town Company had the following balances in the stockholders' equity accounts at Dec. 31, 2020: Common stock $20 por, 100,000 shares authorized, 30,000 shares issued and outstanding $ 600,000 Paid in Capital in Excess of Par Value, Common Stock Retained Earnings 1. Feb. 20. Purchased 4,000 of its own shares for $ 30 per share 400,000 1,000,000 The following transactions occurred during 2021: 2.March 10. Declared a $1 per share cash dividend on the outstanding common stock 3. April 02. Paid the cash dividends declared early in March 10. 4.May 20: Sold all treasury shares for $32 each 7.5 points 5. Oct. 1 Declared 10% stock dividends on the outstanding common stock for the record of Nov. 1 and to be distributed on Dec. 10, The market value of stock on Oct was $28 per share. 6 Dec 10 Distributed the shares which declared on Oct. 1. 7 Dec 25. Implemented a 2-for-1 stock split, when the market value of stock was $26 per share. NOTE: If there is no entry, please write: "NO ENTRY" Required: Prepare Journal entries to record transactions that occurred during 2021