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View Policies Show Attempt History Current Attempt in Progress On December 31, 2024, Ivanhoe Company had 1,310,000 shares of $5 par common stock issued and
View Policies Show Attempt History Current Attempt in Progress On December 31, 2024, Ivanhoe Company had 1,310,000 shares of $5 par common stock issued and outstanding. At December 31 , 2024, stockholders' equity had the amounts listed here. Transactions during 2025 and other information related to stockholders' equity accounts were as follows. 1. On January 10 , issued at $114 per share 119,000 shares of $100 par value, 10% cumulative preferred stock. 2. On February 8 , reacquired 14,100 shares of its common stock for $14 per share. 3. On May 9, declared the yearly cash dividend on preferred stock, payable June 10, to stockholders of record on May 31. 4. On June 8, declared a cash dividend of $1.20 per share on the common stock outstanding, payable on July 10 to stockholders of record on July 1. 5. Net income for 2025 was $3,562,000. Record the journal entries that are required for items 1-5 above. (Record entries in the order displayed in the problem statement. for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
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