Question: HELP!! Current Attempt in Progress On December 31, 2024, Sheridan Company had 1,310,000 shares of $5 par common stock issued and outstanding. At December 31

HELP!!
HELP!! Current Attempt in Progress On December 31, 2024, Sheridan Company had
1,310,000 shares of $5 par common stock issued and outstanding. At December

Current Attempt in Progress On December 31, 2024, Sheridan 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 $109 per share 114,000 shares of $100 par value, 9% cumulative preferred stock. 2. On February 8 , reacquired 16,900 shares of its common stock for $11 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 $3,687,000. 2. On February 8 , reacquired 16,900 shares of its common stock for $11 per share. 3. On May 9, declared the yearly cash dividend on preferred stock, payable June 10 , to stockholder5 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 $3,687,000. (a) Record the journal entries that are required for items 1-5 above. (Record entries in the order displayed in the probiem statement." Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts. List all debit entries before credit entries.)

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