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2) On December 31, 2020, Alfonso inc. had outstanding 2,000 no par value, $ 6, cumulative preferred shares and 30,000 no par value common
2) On December 31, 2020, Alfonso inc. had outstanding 2,000 no par value, $ 6, cumulative preferred shares and 30,000 no par value common shares. At this time, dividends in arrears on the preferred shares were $ 6,000. Cash dividends declared in 2021 totalled $ 30,000. Preferred Shares a) Common Shares $ 6,000 $ 24,000 b) $ 12,000 $ 18,000 c) $ 24,000 $ 6,000 d) $ 18,000 $ 12,000 What were the amounts paid to each class of shares on December 31, 2020?
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