PART 1: STOCKS 30 POINTS 1) Bradley Corporation issued 10,000 shares of common stock on January 1, 2018. The stock has a par value of $0.01 per share and was sold for cash at par. Journalize the transistor 2) Dalbin Corporation issued 5,000 shares of common stock on January 1, 2018. The stock has no par value and was sold at $18 per share. Journalize the transaction. 3) On December 2, 2018, Ewell Company purchases a piece of land from the original owner. In payment for the land, Ewell Company issues 8,000 shares of common stock with $1.00 par value. The land has been appraised at a market value of $400,000. Journalize the transaction. 4) Peterson Company issued 4,000 shares of preferred stock for $240,000. The stock has a par value of $60 per share. Journalize the transaction 5) Occidental Produce Company has 40,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The common stock is $0.01 par value; the preferred stock is 4% noncumulative, with $100 par value. On October 15, 2015, the company declares a total dividend payment of $40,000. What is the total amount of dividends that will be paid to the common shareholders