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Enod Sweet Company's outstanding stock consists of 2 , 0 0 0 shares of cumulative 4 % preferred stock with a $ 1 0 0

Enod
Sweet Company's outstanding stock consists of 2,000 shares of cumulative 4% preferred stock with a $100 par value and tho00 shares of common stock wth a $90 par value, During the first theee years of operation, the corporation dectared and paid the following total cash dwidends.
\table[[,Dividends Declared],[,& Paid],[Year 1,$3,000
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