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this Part 1 in to turn ABC Company has 333,000 shares of $2 par common stock authorized and 123,000 shares of $30 par, 5%, cumulative

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this Part 1 in to turn ABC Company has 333,000 shares of $2 par common stock authorized and 123,000 shares of $30 par, 5%, cumulative preferred stock authorized 6. No dividend was paid in 2020. On August 12, 2021, ABC declares a dividend of $8,000. How much of the dividend will go to the preferred stockholders and how much to the common stockholders? Preferred: Common: 7 On July 13, 2022, ABC declares a dividend of $17,500. How much of the dividend will go to the preferred stockholders and how much to the common stockholders? Preferred Common 8. On February 22, 2023, ABC resells 4,000 of the treasury shares for $10 per share. What entry will ABC make to record this stock sale? 9. After the stock sale on February 22, 2023, what is the number of authorized, issued, and outstanding shares for each type of stock? Authorized Issued Outstanding Preferred: Common

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