On May 1, 2013, Antonelli Corporation received a subscription from Angelina paz for 600 share of its $1 par-value common stock at a price of $23 share. Paz made a payment of $11.50 per share on the stock at the time of the subscription. Given the entries in general journal form to record receipt of the time of the subscription and the each payment. Prepare entries on June 1, 2013, to record payment of the balance of Paz' subscription and issuance of the stock. wilson Corporation issued and has outstanding 40, 000 shares of $10 per-value common stock and 2, 000 shares of $60 par-value 20 percent preferred stock. The board of directors votes to distribute $4, 000 as dividends in 2013, $6, 000 in 2014 and $110, 000 in 2015. Compute the total dividend and the dividend for each share paid to preferred stockholders and common stockholders each year under the following assumed situations: The preferred stock is nonparticipating and noncumulative. The preferred stock is cumulative and nonparticipating. If a stockholder purchased 250 shares of cumulative preferred stock in 2013, what total dividends should be paid to this stockholder in the fiscal year 2015, assuming Case B