lock 03 Oriers Lidmported the following whareholders any information on anary 1 2020 $150,000 Contributed capital Preferred shares. $0.75. cumulative it year in arrearsiliquida tion price of $5.00.50,000 shares authorized 15,000 shares issued and outstanding Common shares.unlimited number of shares authorized 25.000 shares issued and outstanding Total contributed capital Retained earnings Total shareholders equity 325,000 275,000 220.000 5495.000 The following transactions took place during 2020: Jan, 28 Declared a $25,000 cash dividend payable on March 19 the shareholders of record on Fe Indicate the amount payable to each class of shareholder Feb. 25 tasued 10,000. common shares for 57.00 per share Mar. 1 Paid the cash dividend declared on January 28 Apr. 4 Declared a 10 percent stock dividend on the common shares, distributable on May 15to record on April 15. The market value of the shares was $8.00 per share May 16 Distributed the stock dividend declared on Aprte. Jul. Repurchased 10.000 of the company own common shares at $8.50 per share Sep issued 5,000 common shares for 58 50 per share Nov. 2 spl the common shares 2 for 1 Dec 31 Reported income of 5100.000. Closed the income Summary account lock 03 Oriers Lidmported the following whareholders any information on anary 1 2020 $150,000 Contributed capital Preferred shares. $0.75. cumulative it year in arrearsiliquida tion price of $5.00.50,000 shares authorized 15,000 shares issued and outstanding Common shares.unlimited number of shares authorized 25.000 shares issued and outstanding Total contributed capital Retained earnings Total shareholders equity 325,000 275,000 220.000 5495.000 The following transactions took place during 2020: Jan, 28 Declared a $25,000 cash dividend payable on March 19 the shareholders of record on Fe Indicate the amount payable to each class of shareholder Feb. 25 tasued 10,000. common shares for 57.00 per share Mar. 1 Paid the cash dividend declared on January 28 Apr. 4 Declared a 10 percent stock dividend on the common shares, distributable on May 15to record on April 15. The market value of the shares was $8.00 per share May 16 Distributed the stock dividend declared on Aprte. Jul. Repurchased 10.000 of the company own common shares at $8.50 per share Sep issued 5,000 common shares for 58 50 per share Nov. 2 spl the common shares 2 for 1 Dec 31 Reported income of 5100.000. Closed the income Summary account