The stockholders' equity section of C&N Corporation at December 31, 2017, included the following:

6% preferred stock, $100 par value, cumulative,

10,000 shares authorized, 8,000 shares issued and outstanding......... $ 800,000

Common stock, $10 par value, 250,000 shares authorized,

200,000 shares issued and outstanding ............................................... $2,000,000

Dividends were not declared on the preferred stock in 2017 and are in arrears.

On September 15, 2018, the board of directors of Ellis Corporation declared dividends on the preferred stock for 2017 and 2018, to stockholders of record on October 1, 2018, payable on October 15, 2018.

On November 1, 2018, the board of directors declared a $.90 per share dividend on the common stock, payable November 30, 2018, to stockholders of record on November 15, 2018.

Instructions

Prepare the journal entries that should be made by Ellis Corporation on the dates indicated below:

September 15, 2018 November 1, 2018

October 1, 2018 November 15, 2018

October 15, 2018 November 30, 2018