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Problem #1 Eva, Angie, Yinping Manufacturing Co. completed the following transactions during 2016: Jan. 16...

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Problem #1 Eva, Angie, Yinping Manufacturing Co. completed the following transactions during 2016: Jan. 16 Declared a cash dividend of $0.06 per share on noncumulative preferred stock (1,150 shares outstanding). Declared a $0.25 per share dividend on the 105,000 shares of $8 par value common stock outstanding. The date of record is January 31, and the payment date is February 15 Feb. 15 Paid the cash dividends. Declared a 20% stock dividend on the common stock. The market value of the common stock was $11 per share. July 30 Aug. 15 Distributed the stock dividend. Oct. 26 Reacquired 1,400 shares of common stock at $9 per share. Nov. 8 Sold 700 shares of treasury stock for $11 per share. 30 Sold 500 shares of treasury stock for $6 per share. Requirements Record the transactions in Eva, Angie, Yinping general journal. (35 points)

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