takeAssignment/takeAssignmentMain.do?inprogress=true eBook Show Me How Calculator NPT Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 25,000 shares of $8 par common stock at $27, and on February 27, issued for cash 130,000 shares of preferred stock, S4 par at $6. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Cash Common Stock Paid-In Capital in Excess of Par-Common Stock b. What is the total amount invested (total paid in capital) by all stockholders as of February 277 Dividends Per Share Ughtfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 3% stock, $25 par, and 25,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,800; second year, $9,400; third year, $49,050; fourth year, $80,500. Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0". 1st Year 3rd Year 4th Year Preferred stock (dividend per share) 0.29 047 $ 1.20 0.78 Common stock (dividend per share) C O X 2.42 Feedback Check My Work is the preferred stock cumulative or non cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per-share amount or total amount per class of stock