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Wissam Company was established on January 1, 2017. The Company issued 10,000 shares of common stock and 2,000 shares of preferred stock on that date.

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Wissam Company was established on January 1, 2017. The Company issued 10,000 shares of common stock and 2,000 shares of preferred stock on that date. The preferred shares are cumulative, $100 par, with a 6% dividend rate 2018 was the first profitable year of the company in which it declared a total cash dividend of $34,000 on December 31, Davable on January 20, 2019 The total amount of cash dividends that will be paid to common shareholders is: O $22,000 $20.000 $10,000 O $0 None of the above

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