The stockholders' equity section of Echota Corporation at December 31, 2016, included the following: 5% 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 dedared on the preferred stock in 2016 and are in arrears. On September 15, 2017, the board of directors of Echota Corporation dedlared dividends on the preferred stock for 2016 and 2017, to stockholders of record on October 1, 2017, payable on October 15, 2017. On November 1, 2017, the board of directors dedared a $.75 per share dividend on the common stock, payable November 30, 2017, to stockholders of record on November 15, 2017 Prepare the journal entries that should be made by Echota Corporation on the dates indicated below: September 15, 2017 October 1, 2017 October 15, 2017 November 1, 2017 November 15, 2017 November 30, 2017 Date Account Titles and Explanation Debit Credit