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Stock Issue 1 1 ? 2 0 The company issues 3 0 , 0 0 0 shares of $ 2 Par Value Common Stock for

Stock Issue
11?20
The company issues 30,000 shares of $2 Par Value Common Stock for $10 per share.
115?20
The company issues 5,000 shares of no par Preferred Stock for $3 per share.
120?20
The company declares a dividend of $1 per share on its outstanding shares (Common and Preferred). To receive the dividend, the shareholder has to own the stock on 1/25/20.
126?20
The company pays the declared dividend.
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