Cannot industries begin business on January $1,2021$ by issuing all of its $1,350,000$ authorized shares of its one dollar par value common stock for $26$ per share on June $6$ kidnapped declare the cash dividend of $$2\mathrm{.}50$ per share to stock folders record on July $31$ not paid the cash dividend on August $31$ on November $1$ required required $270,000$ of its own shares of stock for $$31$ share on December $22$ can