Permabilt Corp. was incorporated on January 1, 2019, and issued the following stock for cash: 2,000,000 shares of no-par common stock were authorized; 750,000 shares were issued on January 1, 2019, at $35 per share. 800,000 shares of $100 par value, 7.5% cumulative, preferred stock were authorized; 540,000 shares were issued on January 1, 2019, at $105 per share. No dividends were declared or paid during 2019 or 2020. However, on December 22, 2021, the board of directors of Permabilt Corp. declared dividends of $15,000,000, payable on February 12, 2022, to holders of record as of January 8, 2022. Required:
a. Use the horizontal model for the issuance of common stock and preferred stock on January 1, 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)
b. Use the horizontal model for the declaration of dividends on December 22, 2021. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)
c. Use the horizontal model for the payment of dividends on February 12, 2022. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)

Permabilt Corp.

Financial Statement Effects:

                                            Balance Sheet                             Statement of

                                 Assets    =   Liabilities   +  Equity             Cash Flows

a. January 1, 2019:  

Cash                 $26,250,000

Common stock                                                 $26,250,000  FA cash inflow

b. December 22, 2021:

Dividends                                                        -$15,000,000

Dividends Payable                     $15,000,000

c. February 12, 2022:

Dividends Payable                   -$15,000,000

Cash              -$15,000,000                                                   FA cash outflow

Total               $11,250,000    =  0           +      $11,250,000

Explanation:

a) Data and Analysis:

January 1, 2019

Cash $26,250,000 Common stock $26,250,000

Cash $56,700,000 7.5% Cumulative Preferred Stock $54,000,000 Additional Paid-in Capital - Preferred $2,700,000

December 22, 2021:

Preferred Stock Dividends $4,050,000 ($54,000,000 * 7.5%)

Common Stock Dividends $10,950,000 ($15,000,000 - $4,050,000)

Dividends Payable $15,000,000

February 12, 2022:

Dividends Payable $15,000,000

Cash $15,000,000

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.

answer blank(1).(2); sharpe;