Question 1 of 12 View Policies Current Attempt in Progress The following share capital information is available for a corporation with an April 30, 2025, year-end: The shares were issued when the corporation began operations on May 1, 2018. No dividends were declared during the fiscal years the board of directors declared the required preferred share dividends and a $0.60 dividend for each of the common shares. The div shareholders of record on March 15, 2025. Preferred shares, $2.00 cumulative, 33,000 shares issued $1,000,000 Preferred shares, $4.25 noncumulative, 12,000 shares issued 600,000 Common shares, 210,000 shares issued 840,000 How much will be naid to each class of shares? (Do not leave any answer field blank. Enter O for amounts.) Prepare journal entries on the appropriate dates for the 2025 dividends. Make separate entries for dividends on cumulative an account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No EntryP List debit entries before credit entries. Record journal entries in the order presented in the problem.) Date Account Titles Feb. 28, 2025 Cash April 1, 2025 Preferred Shares Cash Preferred Shares Cash Common Shares Debit 66000 50400 210000 C