6. Record the journal entries for the following facts: a. 1,000 shares of common stock outstanding. b. 600 shares of cumulative preferred stock outstanding, dividend $3. c. 400 shares of non-cumulative preferred stock outstanding, dividend $4. d. The common shareholders received dividends two years ago. e. Last year the company paid $2,000 in dividends. f The cumulative preferred shares are subordinate to the non-cumulative preferred shares S12,000 of dividends were declared for the current year. g