8% preferred stock, $20 par value, cumulative, 10,000 shares $ 150,000 authorized, 7,500 shares issue d Common stock, $10 par value, 1,000,000 shares authorized, 9,750,000 30,000 13,500,000 3,750,000 315,000 975,000 shares issued, 960,000 shares outstanding Paid-in capital in excess of par-preferred stock Pad-in capital in excess of par--commn stock Retaine d earnings Treasury stock (15,000 shares) Vega Corporation's December 31, 2013 balance sheet showed the following: Vega declared and paid a $48,000 cash dividend on December 15, 2013. If the company's dividends in arrears prior to that date were $10,000, Vega's common stockholders received $38,000. $22,000 $26.000. no dividend