Canvas > XC Dividends The stockholders' equity section of Ellis Corporation at December 31, 2015, included the following: 7% preterred stock, $100 par value, cumulative, 100,000 shares authorized, 8,000 shares issued and outstanding $ 800,000 Common stock $10 par value, 250,000 shares authorized 200,000 shares issued and outstanding.... $2.000.000 Dividends were not declared on the preferred stock in 2015 and are in arrears, Dividend.Cand related activity.dulog 2016 On September 15, the board of directors of Ellis Corporation declared dividends on the preferred stock for 2015 and 2016, to stockholders of record on October 1, payable on October 15, On November 1. the board of directon declared a 5.00 per spare dividend on the common stock bevate November 30, to stockholders of record on November 15 on December 1, the board of director declared a 41 stock solit on common stock, to be distributed on December 15, to stockvider of record on December 30 Instructions Prepare the journal entries that should be made by Elis Corporation on the dates indicated below: September 15 November 1 December 1 December 15 October 15 November 30 December 30 December 31 October 1 November 15 Edit View insert Format Tools Table 12tParagraph