Beta Corporation was organized in 2017. At December 31, 2017, Beta Corporation's balance sheet reported the following stockholders' equity: (Click the icon to view the balance sheet information.) Read the requirements. The 7% for the preferred stock represents the After Beta Coporation issues preferred stock, how much in annual cash dividends would Beta Corporation expect to pay on 10,000 shares? Start by determining the formula needed to calculate the dividends on the preferred stock. x, x, = Now, using the formula you determined above, complete the sentence below. After the company issues preferred stock, it can expect to pay $ in annual cash dividends on 10,000 shares. Requirement 2. At what price per share did Beta Corporation issue the common stock during 2017 ? Select the formula needed and then enter the amounts to calculate the issue price per share. (Round to the nearest cent.) Beta Corporation was organized in 2017. At December 31, 2017, Beta Corporation's balance sheet reported the following stockholders' equity: (Click the icon to view the balance sheet information.) Read the Requirement 3. Were the first-year operations profitable? Give your reason. as shown by the balance in from any journal entries.) Beta Corporation was organized in 2017. At December 31, 2017, Beta Corporation's balance sheet reported the following stockholders' equity: (Click the icon to view the balance sheet information.) Read the requirements. Requirement 4. During 2018, the company completed the following selected transactions. Journalize each transaction. Explanations are not required. (Record debits first, from any journal entries.) a. Issued for cash 1,500 shares of preferred stock at par value. b. Issued for cash 1,000 shares of common stock at a price of $3.00 per share. Beta Corporation was organized in 2017. At December 31, 2017, Beta Corporation's balance sheet reported the following stockholders' equity: (Click the icon to view the balance sheet information.) Read the requirements. Data table