Project 1: Stockholders' Equity (10 points) Required: Answer the questions on the following page in Excel and upload your file to Moodle by the deadline specified by your instructor. Shown below is the stockholders' equity section of Holiday Travels' balance sheet at December 31, 2023: Common stock, $3 par value, 5,000,000 shares authorized, 320,000 shares issued and outstanding Additional paid-in capital Retained earnings Total stockholders' equity $960,000 1,475,000 2,530,000 $4.965.000 During 2024, the following events occurred: > Holiday Travels was authorized to sell 130,000 shares of $100 par, 8% preferred stock > Holiday sold 18,000 shares of the preferred stock at par value > A cash dividend of $256,000 was declared and paid > Holiday Travels declared and issued a 10% stock dividend on the common stock when the market value of the stock was $21 per share >Net income for the year was $1,880,000

(10 points) Required: Answer the questions on the following page in Excel and upload your file to Moodle by the deadline specified by your instructor. Shown below is the stockholders' equity section of Holiday Travels' balance sheet at December 31, 2023: During 2024, the following events occurred: Holiday Travels was authorized to sell 130,000 shares of $100 par, 8% preferred stock > Holiday sold 18,000 shares of the preferred stock at par value >A cash dividend of $256,000 was declared and paid > Holiday Travels declared and issued a 10\% stock dividend on the common stock when the market value of the stock was $21 per share > Net income for the year was $1,880,000 ACCT 202: Case 3 Summer 2020 Capital stock, as of 12/31/21 : Number of common shares authorized 5,000,000 Number of common shares issued \& outstanding 320,000 Number of preferred shares issued \& outstanding Amount of cash dividend to common stockholders Amount of cash dividend to preferred stockholders Total debit to Stock Dividends account Add'tl Paid in capital at 12/31/21 Retained Earnings, January 1, 2021 Retained Earnings, December 31, 2021 Total Stockholders' Equity at 12/31/21