Shown below is the stockholders' equity section of Holiday Travels' balance sheet at December 31, 2023: Common stock, $3 par value, 5,000,000 shares authorized, 320,000 shares issued and outstanding Additional paid-in capital Retained earnings Total stockholders' equity $960,000 1,475,000 2,530,000 $4.965.000 During 2024, the following events occurred: > Holiday Travels was authorized to sell 130,000 shares of $100 par, 8% preferred stock Holiday sold 18,000 shares of the preferred stock at par value A cash dividend of $256,000 was declared and paid > Holiday Travels declared and issued a 10% stock dividend on the common stock when the market value of the stock was $21 per share >Net income for the year was $1,880,000

Shown below is the stockholders' equity section of Holiday Iravels' balance sheet at December 31, 2023: During 2024, the following events occurred: - Holiday Travels was authorized to sell 130,000 shares of $100 par, 8% preferred stock - Holiday sold 18,000 shares of the preferred stock at par value A cash dividend of $256,000 was declared and paid Holiday Travels declared and issued a 10% stock dividend on the common stock when the market value of the stock was $21 per share Net income for the year was $1,880,000 Instructions for Project 1: Answer the following, based on the information given on the preceding page: Capital stock, as of December 31, 2024: \# of common shares authorized \# of common shares issued and outstanding \# of preferred shares issued and outstanding Amount of cash dividend to common stockholders Amount of cash dividend to preferred stockholders Total debit to Stock Dividends account Additional paid-in capital, at December 31,2024 Retained earnings, at January 1, 2024 Retained earnings, at December 31, 2024 Total Stockholders' Equity, at December 31, 2024 000,8e 3. Colculate the niarin in sol chy 4. Calculose the norgin of safety notio