Exercise 11-10 (Part Level Submission) Coronado Industries was organized on January 1, 2021. During its first year, the corporation issued 1,600 shares of $50 par value preferred stock and 110,000 shares of $10 par value cohimon stock. At December 31, the company declared the following cash dividends: 2021, 35,400; 2022. $12,800; and 2023, $27.700. (a) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 7% and noncumulative. (Do not leave any answer field blank. Enter for amounts.) 2021 2022 2023 Total didend Nication to pred stock Remainder to common stock SHOWS OF ACCOUNTS TO TEXT CALCULATOR HULLWCHOEN S Exercise 11-09 a On January 1, Novak Corp. had 62.000 shares of no par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 13,950 additional shares of common stock for $12 per share June 15 Dedared a cash dividend of $1.60 per share to stockholders of record on June 30, July 10 Paid the $1.60 cash dividend. Dec. 1 Issued 6,200 additional shares of common stod for $11 per share Dec. 15 Dedared a cash dividend on outstanding shares of $1.70 per share to stockholders of record on December 31 (a) Prepare the entries, if any, on each of the three dates that involved dividends (Record journal entries the order presented in the problem. Credit account title automatically indented when amount is entered. Do not indent manually. Il no entry is required to Entry Yor the account titles and enter o for amounts, Round answers to 0 decimal places, co. 1.225.) Date Account Titles and Explanation Debit Credit