I need help to find divends payable

ACCT 5260 Principles of Accounting: Acct 5260 Section OB Fall 2015 Reina Ch 08 P 8-20 Problem 8-20 Recording and reporting stock transactions and cash dividends across two accounting The folowing informetion apples to the questons displayed below Malard Corporation was authonzed to issue 200.000 shares of $8 par common stock and 50,000 shares of $80 par, 4 percent, cumulative preferred stock. Malard Corporason completed the following transactions during ins first two years of operation: 2014 Jan 2 Issued 65,000 shares of $8 par common stock for $10 per share Feb. Dec. 15 Issued 18,000 shares of $80 per preferred stock for $90 per share 14 Issued 52,000 shares of $8 par common stock for $12 per share 31 During the year, eerned $600,000 of cash revenues and peid S348000 of cash opereting expenses 31 Declared the cash dvidend on outstanding shares of preferred stock for 2014 The dividend wil be paid on Januery 31 to stockholders of record on Jenuary 15, 2015 31 Closed revenue, expense, and dividend accounts to the retained earnings account 2015 Jan. 31 Pard the cash dividend declared on December 31, 2014 Mar. 1 Issued 10.400 shares of $80 par preferred stock for $92 per share June 1 Purchased 4,200 shares of common stock as treasury stock at $14 per share. Dec. 31 During the year, earned s505.000 of cash revenues and peid $292,900 of cash operating expenses 31 Declared the dividend on the preferred stock and a $1.00 per share dividend on the common stock 31 Closed revenue, expense, and dividend accounts to the retained earnings account References Section Break Problem 8-20 Recording and reporting stock transactions and cash dividends across two accounting cycles LO 8-4,8-5, 8-6