Requirement 1. Identify the different classes of stock that Voyage Comfort Specialists has outstanding Voyage has outstanding Requirement 2. What is the par value per share of Voyage Comfort Specialists' preferred stock? The par value per share of pretered stock is Requirement 3. Make two summary journal entnes to focord issuance of all the Voyage Comfort Specialists' stock for cash Explanafions are not required (Record Voyage Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June 30,2024 (Click the icon to view the partial balance sheet) Read the requitements Requirement 4 . No preferred dividends are in arrears Journalize the declaration of a $500,000 dividend at June 30,2 is not required (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by recording the declaration of a $500,000 dividend at June 30,2024. Begin by recording the issuance of the preferred stock. Next, record the issuance of the common stock. Stockholders' Equity Paid-In Capital: Preferred Stock-7\%, ? Par Value; 625,000 shares authorized, 280,000 shares issued and outstanding 1,400,000 Common Stock-\$1 Par Value; 3,000,000 shares authorized, 1,340,000 shares issued and outstanding 1,340,000 Paid-In Capital in Excess of Par-Common 2,900,000 Total Paid-In Capital 5,640,000 Retained Earnings 12,000,000 Total Stockholders' Equity 17,640,000