EQUITY Kansas Corporation had the following equity transactions occur during 20Y3. Prepare each entry in the t-accounts below. A. Issued 25,000 shares of no-par stock for $4 per share. The stock does not have a stated value. B. Issued 60,000 shares of $3 par common stock for $4 per share. C. Issued 25,000 shares of $3 par common stock in exchange for a building valued at $80,000. D. Kansas repurchased 15,000 shares of its own common stock for $6 per share. E. Kansas declared a $0.75 per share dividend on all outstanding stock. The dividends were paid three weeks later. ASSETS = LIABILITIES + EQUITY Kansas Corp had the following stock outstanding on 12/31/20Y6 when it declared a $50,000 cash dividend to its shareholders. 330,000 shares of $1 par value common stock 200,000 shares of 5%, $2 par value cumulative preferred stock Assuming all prior year preferred dividends were declared and paid, how much of the total dividend belongs to each type of shareholder? Preferred shareholders Common shareholders Assume the prior year preferred dividends were not declared for one year. How much of the total dividend belongs to each type of shareholder? Preferred shareholders Common shareholders