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Problem 11-03A On December 31, 2021, Ivanhoe Company had 1,260,000 shares of $6 par common stock issued and outstanding. At December 31, 2021, stockholders' equity

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Problem 11-03A On December 31, 2021, Ivanhoe Company had 1,260,000 shares of $6 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock $7,560,000 Additional Paid-in Capital 1,750,000 Retained Earnings 1,150,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows 1. On January 10, issued at $105 per share 111,000 shares of $104 par value, 9% cumulative preferred stock. 2. On February 8, required 15,000 shares of its common stock for $14 per share. 3. On May 9. declared the yearly cash dividend on preferred stock, payable June 10, to stockholders of record on May 31 On June 8, declared a cash dividend of $1.75 per share on the common stock outstanding, payable on July 10, to stockholders of record on July 1. 5. Net income for 2022 was $3,582,000 4 Record the journal entries that are required for items 1-5 above. (Record entries in the order displa manually. If no entry is required, select "No Entry" for the account titles and enter o for the = Debit Credit Date Account Titles and Explanation >

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