Blossom Corp, reported the following amounts in the shareholders' equity section of its December 31, 2023, balance sheet: Preferred shares, $7 dividend (10,000 shares authorized, 2.000 shares issued) Common shares (unlimited authorized, 29.000 issued) Contributed surplus Retained earnings Accumulated other comprehensive income Total $202,000 725,000 55,000 250,000 80,000 $1,312,000 The contributed surplus arose from net excess of average cost per share over reacquisition cost on a previous repurchase and cancellation of common shares. During 2024, the company had the following transactions that affect shareholders' equity. Prepare the journal entries for the following transactions: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries) Paid the annual 2023 $7 per share dividend on preferred shares and a $3 per share dividend on common shares. These