I am preparing a statement of cash flows and I don't quite understand something. It says that I need to calculate the preferred stock dividends and common stock dividends. However, the example shows this to be 10,500 and 50,000 respectively but on the balance sheet it is showed as Preferred stock, $100 par value is 50,000 and Common stock, $1 par value is 100,000. How do they get 10,500 and 50,000 from 50,000 and 100,000? I am pretty sure the par value has something to do with it, but I am not sure what? Please help me!! I have been working on this assignment for 2 days straight!!