Kingbird, Inc's December 31, 2020 balance sheet showed the following: 6% preferred stock $10 par value, cumulative 30000 shares authorized: 17000 shares issued $ 170000 Common stock. $10 par value 3,000,000 shares authorized 1.950,000 shares issued, 1.920,000 shares outstanding 19900000 Paid in capital in excess of par value-preferred stock 73000 Paid.in capital in excess of par value-common stock 27600000 Retained earnings 9750000 Treasury stock (30,000 shares) 616000 Kingbird declared and paid a $81100 cash dividend on December 15, 2020. If the company's dividends in arrears prior to that date were $27400, Kingbird's common stockholders received $43500 no dividend $70900 O $54500