kD . Fall+1+2018-Final-... Q. w Draw Design Layout References Mailings Review View 14. Assume that JB Inc. issues 100 shares of common stock with a par value of $10 per share at a price of $22 per share. Record the transaction in journal entry format. 15. Fowler Corp. has the following stock outstanding -Preferred stock, cumulative, 5%, $10 par, 10,000 shares -Common stock, $10 par, 20,000 shares Dividends have not been paid in 2 years (2012 and 2013). In the current year (2014), the board of directors declared dividends of $25,000. How much money in dividends will each class of stock receive