30) Sweet Companys outstanding stock consists of 1,100 shares of cumulative 5% preferred stock with a $100 par value and 11,100 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.

Dividend Declared

year 1 $ 3,100

year 2 $ 7,100

year 3 $ 37,500

The amount of dividends paid to preferred and common shareholders in year 3 is:

34) In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:

Net income for the year was $ 64,000

Accounts payable decreased by 24,000

Accounts receivable increased by 31,000

Inventories increased by 11,000

Depreciation expense was 42,000

Net cash provided by operating activities was: