On October 15 of Year 5, you were hired as the Controller for Frank O. Pinion Industries. Part of your job duties include maintaining accurate records of the company's stockholders and issuing dividend payments. The Board of Directors declared a dividend of $2 per share on December 1 for all stockholders of record on December 15. The dividend is paid on December 31. You have organized the company's stock records into the following pie charts. Year 1 Authorized Number of Shares Year 2 Authorized Number of Shares Year 3 Authorized Number of Shares 400,000 400,000 Unissued Outstanding Tesar 300 Unissued 600,000 1,000,000 Outstanding Yea Authod Nurnbershus Years Autihar ed umber of Shares 50,000 50.000 250,000 350,000 100.00 150,000 450,000 $100,000 crtanding Treasury - Treasury Click here to open the graph(s) in a new tab. Required: 1. What is the authorized number of shares in Year 1? 2. What event took place in Year 2? 3. What event took place in Year 3? 4. What event took place in Year 4? 5. What happened to the authorized number of shares over the entire five-year period? 6. What journal entries should you record for December 1, December 15, and December 31 in Year 5 for dividends? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What is the authorized number of shares in Year 1? Authorized Number of shares in a new tab. Required: 1. What is the authorized number of shares in Year 1? 2. What event took place in Year 2? 3. What event took place in Year 3? 4. What event took place in Year 4? 5. What happened to the authorized number of shares over the entire five-year period? 6. What journal entries should you record for December 1, December 15, and December 31 in Year 5 for dividends? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What event took place in Year 2? Issued stock Purchased treasury stock Sold treasury stock 50,000 350,000 600,000 Unissued Outstanding Treasury 450,000 450,000 500.000 Unissued Outstanding Treasury Click here to open the graph(s) in a new tab. Required: 1. What is the authorized number of shares in Year 13 2. What event took place in Year 2? 3. What event took place in Year 3? 4. What event took place in Year 4? 5. What happened to the authorized number of shares over the entire five-year period? 6. What journal entries should you record for December 1, December 15, and December 31 in Year 5 for dividends? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Required 5 Required 6 What event took place in Year 3? Issued stock Purchased treasury stock Sold treasury stock 50,000 90,000 350,000 600,000 Unissued Outstanding ceasury 450,000 500,000 500,000 Unissued Outstanding Treasury Click here to open the graph(s) in a new tab. Required: 1. What is the authorized number of shares in Year 1? 2. What event took place in Year 2? 3. What event took place in Year 3? 4. What event took place in Year 4? 5. What happened to the authorized number of shares over the entire five-year period? 6. What journal entries should you record for December 1, December 15, and December 31 in Year 5 for dividends? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Recured 4 Required 5 Required 6 What event took place in Year 4? Issued stock Purchased treasury stock Sold treasury stock 50,000 50,000 350,000 600,000 Unissued Outstanding w Treasury 450,000 500,000 500.000 Unissued Outstanding Treasury Click here to open the graph(s) in a new tab. Required: 1. What is the authorized number of shares in Year 1? 2. What event took place in Year 2? 3. What event took place in Year 3? 4. What event took place in Year 4? 5. What happened to the authorized number of shares over the entire five-year period? 6. What journal entries should you record for December 1, December 15, and December 31 in Year 5 for dividends? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 A What happened to the authorized number of shares over the entire five-year period? Increased Decreased Remained the same Journal entry worksheet 1 2 3 > Record the declaration of $2 dividend per share on December 1. Note: Enter debits before credits. Date General Journal Debit Credit December 01 Record entry Clear enly vienu memeral ouma Journal entry worksheet Record the stockholders of record as on December 15. Note: Enter debits before credits. Date General Journal Debit Credit December 15 Record entry Clear entry M Journal entry worksheet