darling corporation issued 200,000 shares of $20 par value, 5% preferred stock on January 1, 2016, for $4,500,500. in December 2018, Darling declared its first dividend of $800,000. a.)prepare darlings' journal entry to record the issuance of the preferred stock b.)if the preferred stock is NOT cumulative, how much of the $800,000 would be paid to the stockholders? c.)if the preferred stock is cumulative, how much of the $800,000 would be paid to common stockholders?