Cornerstone Exercise 12-55 (Algorithmic) The following data came from the financial statements of St. James Corp. for 2019 and 2018. 2019 $150,900 $15,000 $42,000 20,000 105,000 2018 $120,000 15,000 $38,000 20,000 95,000 Cash dividends paid on preferred stock Cash dividends paid on common stock Weighted average number of preferred shares outstanding Weighted average number of common shares outstanding Required