2021 2020 Preferred shares, 3,700 shares in 2021:2.700 in 2020 $370,000 $270,000 Common shares, 54,700 shares in 2021:36,000 in 2020 547.000 360,000 Retained earnings 520,000 335,000 Cash dividends declared (preferred shares) 16.900 13,500 Dividends payable 4.114 3.432 Additional information regarding 2021: 1. During the year, 1.000 preferred shares were issued. No preferred shares were repurchased, During the year 29.000 common shares were issued after 10.300 common shares were repurchased at $10 per share 2. (a) Determine the amounts of any cash receipts or payments related to the shareholders equity accounts in 2021