Pranks, Inc. is a manufacturer of joke and novelty products for perpetrators of practical jokes. The corporation has paid several cash dividends throughout Year 6, the current year. It is also declaring a stock dividend to its stockholders as the calendar year-end approaches. You've been brought in as a consultant to assist with this process, and also to help determine whether some missing information can be determined before the distribution of the stock dividend is made. The company has two classes of stock: common stock and umulative preferred stoc You've been able to retrieve the following information so far: Number of common shares authorized Number of common shares issued Par value of common shares Par value of cumulative preferred shares Paid-in capital in excess of par-common stock Paid-in capital in excess of par-preferred stock Total retained earnings before the stock dividend is declared 800,000 650,000 $20 S30 7,000,000 $0 $33,500,000 Preferred Dividends Total Cash Dividends 20,000 36,000 88,000 120,000 138,000 210,000 Commnon Dividends Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total 20,000 36,000 34,000 30,000 30,000 30,000 Per Share 0.20 0.36 0.34 0.30 0.30 0.30 Per Share 0.00 0.00 0.09 0.15 0.18 0.30 Total 54,000 90,000 108,000 180,000