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Sunland Corporation's December 31, 2021 balance sheet showed the following: 9% preferred stock, $20 par value, cumulative, 11000 shares authorized; 8500 shares issued Common

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Sunland Corporation's December 31, 2021 balance sheet showed the following: 9% preferred stock, $20 par value, cumulative, 11000 shares authorized; 8500 shares issued Common stock, $10 par value, 1100000 shares authorized; $ 170000 1075000 shares issued, 1060000 shares outstanding 10750000 Paid-in capital in excess of par-preferred stock 29300 Paid-in capital in excess of par-common stock 13560000 Retained earnings 3740000 Treasury stock (15400 shares) 329000 Sunlanddeclared and paid a $58600 cash dividend on December 15, 2021. If the company's dividends in arrears prior to that date were $9900, Sunland's common stockholders received $33400. $0. $48700. $19400.

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