Additional information: 1. common stock outstanding january 1, 2017, was 30,000 shares, and 40,000 shares were outstanding at december 31, 2017. 2. the market price of gillman, inc., stock was $15.86

Additional information: 1. common stock outstanding january 1, 2017, was 30,000 shares, and 40,000 shares were outstanding at december 31, 2017. 2. the market price of gillman, inc., stock was $15.86 in 2017. 3. cash dividends of $16,000 were paid, $4,500 of which were to preferred stockholders.