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Wildhorse Corporation was organized on January 1, 2019. During its first year, the corporation issued1,950shares of $50par value preferred stock and104,000shares of $10par value common

Wildhorse Corporation was organized on January 1, 2019. During its first year, the corporation issued1,950shares of $50par value preferred stock and104,000shares of $10par value common stock. At December 31, the company declared the following cash dividends: 2019, $4,350; 2020, $13,900; and 2021, $28,000.

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