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On January 1 Weiss Corporation had 60,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share.

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On January 1 Weiss Corporation had 60,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following transactions occurred:- I Issued 10,000 additional shares of common stock for $10 Apr 1 per share Jun 15Declared a cash dividend of $1.50 per share to stockholders of record on June 30. Jul 10 Paid the $1.50 cash dividend Dec. 1 Issued 4,000 additional shares of common stock for $12 per share Declared a cash dividend on outstanding shares of $1.50 per share to stockholders of record on December 31 Dec. 15 On January 1 Weiss Corporation had 60,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following transactions occurred:- I Issued 10,000 additional shares of common stock for $10 Apr 1 per share Jun 15Declared a cash dividend of $1.50 per share to stockholders of record on June 30. Jul 10 Paid the $1.50 cash dividend Dec. 1 Issued 4,000 additional shares of common stock for $12 per share Declared a cash dividend on outstanding shares of $1.50 per share to stockholders of record on December 31 Dec. 15

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