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Fargo Company's outstanding stock consists of 5 0 0 shares of noncumulative 5 % preferred stock with a $ 2 0 0 par value and

Fargo Company's outstanding stock consists of 500 shares of noncumulative 5% preferred stock with a $200 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.The amount of dividends paid to preferred and common shareholders in 2021 is: .$4,000 preferred; $16,000 common.$21,000 preferred; $0 common:$17,000 preferred; $3,000 common.$5,000 preferred; $16,000 common.$10,000 preferred; $10,000 common.
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