the company declared dividends during December in an amount large enough for common stockholders to receive a dividend (Statement of Stockholders Equity must identify amount declared for preferred stockholders and amount declared for common stockholders);

Total amount of dividends declared 30,000

Perferred Stock Par Value: $50 Authorized: 50,000 Issued: 10,000 Outstanding: 8,000 Percentage:4% Common Stock Par Value: $1 Authorized: 500,000 Issued: 150,000 Outstanding: 140,000