The company was also authorized to issue an unlimuted number of $4 noncumitative preferred shares. As at Janaary 2,2024 , none had been issued. During 2024 , the corporation had the following transactions ard events related to its shareholders' equitry. Jan. 2. Issued 111.000 preferred shares for 550 per share Mar: 31 Paid quarterly dividend to preferred shareholders. June 30 Paid quartarly dividend to preferred shareholders: Aug 12 Issued 108.000 commonshares for $1.70 per share. Sept. 30 Paid quarterly dividend to preferred shareholders; Dec. 31 Paid quarterly dividend to preferred shareholders and a $0.25 per share dividend to the common sharetiolders. Dec: 31 Lass for the year was $104.000. fune 30 Aug.12 Sept, 30 (To record dividends paid) (To dose Income Summary) (To dose dividends)