cartI. (5 points) January 1 William Corporation had 60.000 shares has a stated value of $5 per share. During the of no-par common stock issued and year, the following transactions occurred: The share. During the year, the folowing transstiostanding. The Issued 10,000 additional shares of common stock for $10 per share. Declared a cash dividend of $ Apr. June July 1 15 10 Paid the $1.00 cash dividend 1 Bought 1,000 Treasury shares for $8 per share. 1.00 per share to stockholders of record on June 30. 15 Declared a cash dividend December 31 on outstanding shares of $1.00 per share to stockholders of record on Hon are d ene an a.ndi phyao onnt d Deember 317 any, on each of the three dates that involved dividends. (b) How are dividends and dividends payable reported in the financial statements prepared at December 317 Debit Credit Date Account Title