Lernax Company has been authorized to issue 300,000 shares of $7.00 par value, 5% preferred stock and 10,000,000 share of $1.00 par value commons tock On December 31, 2020, the following accounts were found on the ledger: Preferred Stock, non-cumulative Paid-in Capital in Excess of Par-Pret Common Stock Paid in Capital in Excess of Par Common Treasury Stock Paid-in Capital from Treasury Stock Retained Earnings $420,000 85,000 1.250,000 2,200.000 59,500 3,900 157.000 Journalize the following entries for Lennox Ignore the first problem) 1. Declared a $.00 cash dividend per share to common stockholders of record on March 1, payable April 1. Declared a divided on the preferred stock 5. Declared a 5 stock dividend to stockholders of record on December 1, distributable December 31. The market price of the common stock was 313 per share Declared and paid a 5.70 ch dividend on the common shareholder AFTER after the stock dividend had been distributed 9. a 4-to stock pisanourced AFTER The 5% stock dividend has been distributed, how many shares will then be outstanding? Click Save and to end Chick Save All Ancesto e alla