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The stockholders' equity section of Maria Corporation at December 31, 2020, included the following: 6% preferred stock, $100 par value, cumulative, 10,000 shares authorized, 8,000

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The stockholders' equity section of Maria Corporation at December 31, 2020, 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 2020 and are in arrears. On September 15, 2021, the board of directors of Maria Corporation declared dividends on the preferred stock for 2020 and 2021, to stockholders of record on October 1, 2021, payable on October 15, 2021. On November 1, 2021, the board of directors declared a $.50 per share dividend on the common stock, payable November 30, 2021, to stockholders of record on November 15, 2021. Prepare the journal entries that should be made by Maria Corporation on the dates indicated below: September 15, 2021 November 1, 2021 October 1, 2021 November 15, 2021 October 15, 2021 November 30, 2021 (Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit

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