Skysong, Inc.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30000 shares authorized; 15000 shares issued $ 300000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 19800000 Paid-in capital in excess of par value - preferred stock 66000 Paid-in capital in excess of par value - common stock 28500000 Retained earnings 9750000 Treasury stock (40,000 shares) 540000 Skysong declared and paid a $80000 cash dividend on December 15, 2020. If the company's dividends in arrears prior to that date were $23700, Skysong's common stockholders received $52000. $62000. no dividend. O $38300