8 Points. PayMore Shoes had the following shares outstanding at the start of 2020. No more shares were issued or repurchased to date. 3,000 shares of 4%, $100 par, Cumulative preferred stock. 46,000 shares of $1 par common stock. Amounts distributed as cash dividends from 2020 to 2022 are presented in the Schedule below. Required: Complete the Schedule. Years Dividends declared & paid Preferred Stock dividends Due Preferred Stock dividends Paid Preferred Stock dividends in Arrear Common Stock dividends Paid T 2020 $0 2021 $25,000 2021 $30,000

8 Points. PayMore Shoes had the following shares outstanding at the start of 2020. No more shares were issued or repurchased to date. 3,000 shares of 4%, $100 par, Cumulative preferred stock. 46,000 shares of $1 par common stock. Amounts distributed as cash dividends from 2020 to 2022 are presented in the Schedule below. Required: Complete the Schedule. Years 2020 Dividends declared & paid $0 Preferred Stock dividends Due Preferred Stock dividends Paid Preferred Stock dividends in Arrear Common Stock dividends Paid 2021 2021 $25,000 $30,000