Luna Corporation was established in 2021. The company authorized 15,000 shares of Preferred Stock; the par value is $100.00 per share and 5% cumulative stock. Common stock was authorized at 100,000 shares with a par value of $5.00 per share. Prepare the following transactions in the proper journal entry form. July 31 The Board of Directors declared a cash dividend of $45,000 to be paid on August 15th. (a) Calculate the total cash amount distributed to Preferred