wok n roll, inc. began on january 1, 2018 by issuing 100,000 shares of $1 par value common stock and 1,000 shares of $100 par value, 5%, cumulative preferred stock. no dividends were declared in 2018 or 2019. in 2020, wok n roll declared and paid dividends to common and preferred stockholders. a $0.50 dividend was paid to common stockholders. assuming all shares originally issued are outstanding, the total dividend declared and paid in 2020 equals: