ALEKS Reiman Ahrout - Timed X exto.mheducation.com/ext/map/index.html?con=con external browser0&launchd-https%253A%252F%252Fnewconnect.mheducation.com%252Ffactivity/question group - Help Save & Exit Submit Ch12 & 13 7 1. Prepare the journal entry to record Tamas Company's issuance of 5,500 shares of $100 par value, 7% cumulative preferred stock for $105 cash per share. 2. Assuming the facts in part 1. if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears) Complete this question by entering your answers in the tabs below. 00.29 28 Book Required 1 Required 2 Prepare the journal entry to record Tamas Company's issuance of 5,500 shares of $100 par value, 7% cumulative preferred stock for $105 cash per share. View transaction list Journal entry worksheet > 7 of 10