Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 1,900 shares of $50 par value preferred stock and 100,000 shares of $10 par value common stock. At D

Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 1,900 shares of $50 par value preferred stock and 100,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2019, $5,200; 2020, $13,500; and 2021, $27,000 

Preferred stock1900Shares50par value

Common stock100000Shares10par value

 201920202021

Cash dividend52001350027000