Case A: The charter for Rogers, Incorporated, authorized the following stock: Common stock, $10 par value, 109,000 shares authorized Preferred stock (noncumulative), 9 percent, $8 par value, 4,600 shares authorized The company sold 43,000 shares of common stock and 3,600 shares of preferred stock. During the year, the following selected transactions were completed in the order given: Required: 1. Rogers declared and paid dividends in the amount of $16,000. How much was paid to the holders of preferred stock? How much was paid to the common stockholders? 2. Rogers repurchased 5,600 shares of common stock. After this transaction, how many shares of common stock were outstanding? 3. Provide the journal entry if Rogers sold 2,200 shares of treasury stock for $25 per share. The treasury stock was repurchased at $20 per share. Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required 3 Rogers declared and paid dividends in the amount of $16,000. How much was paid to the holders of preferred stock? How much was paid to the common stockholders? Preferred stock dividend $ 2,592 Common stock dividend Case A: The charter for Rogers, Incorporated, authorized the following stock: Common stock, $10 par value, 109,000 shares authorized Preferred stock (noncumulative), 9 percent, $8 par value, 4,600 shares authorized The company sold 43,000 shares of common stock and 3,600 shares of preferred stock. During the year, the following selected transactions were completed in the order given: Required: 1. Rogers declared and paid dividends in the amount of $16,000. How much was paid to the holders of preferred stock? How much was paid to the common stockholders? 2. Rogers repurchased 5,600 shares of common stock. After this transaction, how many shares of common stock were outstanding? 3. Provide the journal entry if Rogers sold 2,200 shares of treasury stock for $25 per share. The treasury stock was repurchased at $20 per share. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Rogers reptrchased 5,600 shares of common stock. After this transaction, how many shares of common stock were outstanding? Shares outstanding Case A: The charter for Rogers, Incorporated, authorized the following stock: Common stock, $10 par value, 109,000 shares authorized Preferred stock (noncumulative), 9 percent, $8 par value, 4,600 shares authorized The company sold 43,000 shares of common stock and 3,600 shares of preferred stock. During the year, the following selected transactions were completed in the order given: Required: 1. Rogers declared and paid dividends in the amount of $16,000. How much was paid to the holders of preferred stock? How much was paid to the common stockholders? 2. Rogers repurchased 5,600 shares of common stock. After this transaction, how many shares of common stock were outstanding? 3. Provide the journal entry if Rogers sold 2,200 shares of treasury stock for $25 per share. The treasury stock was repurchased at $20 per share. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Provide the journal entry if Rogers sold 2,200 shares of treasury stock for $25 per share. The treasury stock was repurchased at $20 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the sale of treasury stock Note: Enter debits before credits Transaction General Journal Debit Credit A Record entry View general journal Clear entry