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During the period, Boise Bike Corp. had outstanding stock of 20,000 shares of 2% cumulative preferred stock, $75 par, 50,000 shares of common stock, $5

image text in transcribed During the period, Boise Bike Corp. had outstanding stock of 20,000 shares of 2% cumulative preferred stock, $75 par, 50,000 shares of common stock, $5 par. Dividends have been declared: 2017: $8000 2018: $24000 2019: \$60000| 2020: $75000

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