The stockholders' equity section of Robert Corporation's balance sheet as of December 31, 2019 is as follo Common sek st par a 100 00 shares isued and outstanding Paid-in Capital in Excess of Par Common Stock Preferred Stock, 5%, $50 par, cumulative, 20,000 shares issued and outstanding Paid-in Capital in Excess of Par-Preferred Stock $ 1,500,000 3,750,000 1,000,000 1,250,000 Part A: On the 2020 no entry is required, write-No entry" on that date. xt pages, record the journal entries for the events that occurred on the folilowing dates during (Please skip a line between each transaction! Important: Keep close track of number of shares as you record the transactions! Jan 5 Jan 6 March 10 Issued 250,000 shares of common stock for $10 per share Issued 5,000 shares of preferred stock for $75 per share sued 50,000 shares of common stock and 5,000 shares of preferred stock for a lump sum of $875,000. The March 10 market price of the common stock is $11 per share and the preferred stock is $74 per share June 1 | A 10% common stock dividend was declared. Fair value per share is arrently S12. The shares will be distributed on June 20 to stockholders of record on June 10 June 10 Date of record for stock dividend June 20 Distributed shares from the stock dividend declared on June 1 July 1Acquired 10,000 of its own common stock at $15 per share July 31Reissued 6,000 shares of the treasury stock at $16 per sha Aug 15 Reissued the remaining 4,000 shares of the treasury stock at $13 per share Sept 1 | A 50% common stock dividend was declared. Fair value is currently $20 per share. The shares will be distributed on September 20 to stockholders of record on September 10 ept 10 Date of record for stock dividend Sept 20 Distributed shares from the stock dividend declared on September Oct A cash dividend of $250,000 was declared, payable October 31 to stockholders of record October 15. No dividends were paid during fiscal year 2019. Record the common dividend payable and the preferred dividend payable in separate accounts Oct 15 Date of record for cash dividend Oct 31 Paid cash dividend declared on October 1 Nov 30 two-for-one split of common stock was carried out. Fair value on November 30 was $10 per share Part B: Complete the information in the blanks below for December 31, 2020 Common Stock, par value Paid-in Capital in Excess of Par-Common Stock Preferred Stock. 5% Paid-in Capital in Excess of Par-Preferred Stock shares issued and outstanding par, cumulative shares issued and outstanding