HW 13

Maine Corporation has two cases of stock con 5 para andre 3.30 pa 1. Juma 2. Juma Maine's issuance of 3.000 shares of common for 11 per share Maine's issuance of 3.000 shares of preferred skor o 30.000 31 perheed b e ads e o uma entry ) Requirementum unos 3000 shares of i Data Table ockho 5 equ k is cu ne noe year Stockholders' Equity Paid-In Capital Preferred Stock-896, S 9 Par Value: 150.000 shares authorized. 22.000 shares issued and outstanding Common Stock-54 Par Value: 575.000 shares authorized, 320,000 shares issued and outstanding 198.0 tween 1. 120.0 Paid-in Capital in Excess of ParCommon Total F30-Capita 2.5980 Beredarnings 2,728,0 Total Steakho ders' Equity en el Print Done Requirements Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 if total dividends are $12.840 in 2018 and $44.000 in 2019. Assume no changes in preferred stock and common stock in 2019. Record the journal entries for 2018, assuming that Horizon Communications declared the dividend on December 1 for stockholders of record on December 10. Horizon Communications pad the dividend on December 20. Print | Doe Horizon Communications has the following stockholders' equiry on December 31, 2018: 1. Click on the icon to view the stockholders' equity) Read the irements Enter for mere amounts. For the current year preferred dividend, be sure to enter the calculated dividend on the current year dividend line and the paid out dividend on the total dividend to preferred stockholders line) Horizon's 2018 dividend would be divided between preferred and common stockholders in this manner Total Dividend-2018 Dividend to preferred stockholders Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stone Enter any number in the edit fields and then click Check