The stockholders' equity accounts of Top DawgEntertainment, Inc, January 1, 2021, are as follows Preferred Stock 5100 par, $200.000 Common Stock. $10 par 400,000 50.000 Paid-in Capital in Excess of Par - Prefamed Stock Pald-in Capital in Exoom of Par - Common Stock Retained Earnings There were no dividends in arrears on preferred stock. During 2021, the company had the following transactions and events. December 15 Declared a 5% cash dividend on preferred stock payable January 31, 2022. 100.000 300,000 INSTRUCTIONS Journalize the transaction. Follow the following instructions to receive credit 1. Date should be spelled correctly and written as Month Day (ex. February 4). 2 Credit account titles are automatically indented when it is entered. Do not indent manually. 3. Account titles must be spelled correctly. 4. Do not key S-signs within journal entries Date Account Titles and Explanation Debit Credit