*E 15-23 (LO5) (Preferred Stock Dividends) Cajun Company has outstanding 2,500 shares of $100 par, 6% preferred stock and 15,000 shares of $10 par value common. The following schedule shows the amount of dividends paid out over the last 4 years.
Instructions Allocate the dividends to each type of stock under assumptions

(a) and (b). Express your answers in per share amounts using the format shown below.

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Assumptions (a) Preferred, Noncumulative, and Nonparticipating Year Paid-Out Preferred 2015 $13,000 2016 $26,000 2017 $57,000 2018 $76,000 (b) Preferred, Cumulative, and Fully Participating Common Preferred Common