Paid in Capital Preferred stock 8% $10par 100,000 shares authorized 200,000 20,000 shares issued common stock .50 par 500,000 shares authorized 300,000 shares issued 150,000 paid in capital in excess of par-common 600,000 total paid in capital 950,000 retained earnings 150,000 total stock holers equity 1100,000 IS this cumulative or non Then compute the amount of dividends to preferred and to common for 2007 and 2008 if the total dividends are 10,000 in 2007 and 50,000 in 2008