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I alrwady asked for help on this question, but there werent clear step by step and the answers arent correct. Please help! Thank you in

I alrwady asked for help on this question, but there werent clear step by step and the answers arent correct. Please help! Thank you in advance! image text in transcribed
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Aequired information The follouving informatien apples to the questons displayed below) Permabil Corporation was incorporated on danuary 1, 2,022, and issued the following stock for cash: - 2.000,000 shares of no-por common stock were authorired, 750.000 shates wore issued on danuaty 1,2022, at 535 fer share. - 800,000 shaces of $100 par value. 7.5. cumulative, prefented stock were authoeized; 540.000 shiares were issued on January 1, 2022, at 5105 per share. - Fo dividends were declared or paid during 2022 or 2022 . Howevec, on December 22, 2024, the board of dieectoes of Permabit Corporation declared dividends of 515,000,000, ptyablo on February 12, 202.5, lo holders of record as of January 8,2025. Required: 1. Use the horizontal moded for the issuance of common stock and prefented stock on Jaruary 1, 2022. Indicate the financial staternent eftect. 2. Use the horizontal model for the declaration of dividends on December.22. 2024. Indicate the financidi statemert etfect 3. Use the horizontal model sor the payment of dividends on Fobeuary 12. 2025 indicate the financial statement effect. Complete this gueution by entering your answers in the tabs below. 1. Use the horizoatal model for the issuance of common stock and preferred stock on January t, 20z2. Indicate the financiof statement effect. 2. Use the horizantal model for the deciaration of dividends on December 22, 2024. Indicate the financial statement effect. 3. Use the horizontal model for the payment of dividends on February 12, 2025, Indicate the finaneial statement effect. 8) Anwwer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Use the horuental model for the issuance of common stock and preferred stock cn January 1, 2022. Indicate the financial statement effect. Note: Enter decreases wath a minus slgn te indicate a nogative financial statement effect

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