Metlock, Inc is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued 37,600 shares for cash at $51 per share. July 1 Issued 70,200 shares for cash at $56 per share. (a) Journalize the transactions. (Record journal entries in the order presented in the problem. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the omounts.) On January 1, Marigold Corp, had 54,800 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 8,200 additional shares of common stock for $11 per share. June 15 Declared a cash dividend of $1.40 per share to stockholders of record on June 30. July 10 Paid the $1.40 cash dividend. Dec. 1 Issued 4,300 additional shares of common stock for $11 per share. 15 Declared a cash dividend on outstanding shares of $1.50 per share to stockholders of record on December 31. (a) Prepare the entries, if any, on each of the three dates that involved dividends. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. Credit account tities are outomatically indented when amount is entered. Do not indent manually.) July 10 Dividends Payable Cash Dec. 15 Cash Dividends Dividends Payable