Both parts please

1. Prepare the journal entry to record Tamas Company's issuance of 5.800 shares of $100 par value, 6% cumulative preferted stock for $104 cash per share. 2. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amoumt of ovidend poid to preferred shareholders? (Assume no dividends in arrears.) Complete this question by entering your answers in the tabs below. Prepare the journal entry to record Tamas Company's issuance of 5,800 shares of $100 par value, 6% cumulative preferred wock for $104 cash per share. Journal entry worksheet Record the issuance of 5,800 shares of $100 par value, 6% cumulative preferred stock for $104 cash per share. Note: Enter debits before credits. 1. Prepare the joumal entry to record Tamas Company's issuance of 5,800 shares of $100 par value, 6% cumutative preferted stock for $104 cash per share. 2. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividend's in arrears.) Complete this question by entering your answers in the tabs below. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to oreferred shareholders? (Assume no dividends in arrears.)