b) Prepare all required journal entries related to the above transactions from Coco Company's perspective. Journal entry descriptions are not required. If no journal entry is required, type in "No entry required" as as both account names and N/A in the debit and credit columns. [NOTE: use full and proper account names: DO NOT USE ABBREVIATIONS. Also, do NOT use commas or dollar signs when entering amounts and ente amounts as dollars only (no decimal places). For example: for "$5,000" type "5000" (without the ").] Date Account Names Jul 19 Debit Credit Jul 201 Jul 25 Aug 19 Mark for Review What's This? MacBook Air Feb 1 Apr 22 Jul 41 A Hide Time Remaining A Part B Smiles 'n Tiles Corporation had the following share capital at the beginning of their 2020 fiscal year: Common shares (outstanding, 82,000 shares) $820,000 Preferred shares (5% dividend; outstanding, 140,000 shares) $140,000 At the 2020 fiscal year-end, the board of directors decided to declare a total dividend of $48,000. No dividends were declared in 2019 or 2018. Determine the breakdown in total dividends distributed between preferred shareholders and common shareholders, assuming 1) the preferred shares are non-cumulative i) the preferred shares are cumulative (assume the dividends were not in arrears at the beginning of 2018). Record your answers in this table. ENTER WHOLE DOLLARS ONLY: NO DOLLAR SIGNS, NO COMMAS, NO SPECIAL CHARACTERS: Preferred Shareholders' Share Common Shareholders' Share Scenario i): Scenario il: MacBook Air