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Following is the stockholders' equity of Dennis Corporation at December 31, 2017. 8% preferred stock. S50 par value. 10,000 shares authorized; 7,000 shares issued and

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Following is the stockholders' equity of Dennis Corporation at December 31, 2017. 8% preferred stock. S50 par value. 10,000 shares authorized; 7,000 shares issued and outstanding s 350,000 Common stock, $20 par value, 50,000 shares authorized: 25,000 shares issued and outstanding 500,000 70,000 385,000 238,000 Retained earnings ....$1.543,000 The following transactions, among others, occurred during 2018. Book journal entries for each of the transactions below. Note that the transactions are chronological Jan 10: Issued 1,000 shares of preferred stock at $62 cash per share Jan 15: Issued 4,000 shares of common stock at $36 cash per share

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