part 2

A corporation issued 3.400 shares of its no par common stock at a cathpree of 512 per there. The entry to record the transaction would be Multiple Choice O Debit Cash $40.000 credit Paidan Capital in Excess of Par Value Coron Stock $1,400. Credit Common Stock 97400 Debit Cash 540.000 Credit Common Stock $40.800 Debat Common Stock 540.800. Hot Cain 540.000 Sweet Company's outstanding stock consists of 1800 shares of cumulative 4% preferred stock with a $100 and 10.00 of common sense first three years of operation, the corporation declared and paid the following to chadende Dividends Declared Year 1 Year 2 Year 3 52,890 5.6,500 $ 30,000 The total amount of dividends paid to preferred and common shareholders over the three yearpods Multiple Choice O $21,600 preferred: $24,000 common. O $14.000 preferred: $31.500 common. O $7.200 preferred: $38,400 common. $17.200 preferred: $28,400 common $14,400 preferred: $31,200 common