Looking for help with both cash dividends paid.

U Additional paidin capital on common stock $170,850 Additional paidin capital on preferred stock 19,800 Common stock, $2 par 80,400 Preferred stock, $100 par 99,000 Retained earnings 181,000 During 2016, the company sold 2,700 shares of common stock for $8 per share and 370 shares of preferred stock for $126 per share. It also earned income of $85,000 and paid dividends of $9 per share on the preferred stock and $2.60 per share on the common stock outstanding at the end of 2016. Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2016. OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2016 Additional Paidin Additional Preferred Common Ca ital Paidin Retained Stock Stock $2 3" Capital $100 par par Preferred on Common Earnings Total Stock Stock Balances, lflfl Common stock issued Preferred stock issued Net income Cash dividend paid on preferred Cash dividend paid on common