1. Dividends in arrears only applies to this type of stock. Be clear! 2. Dividends in arrears are reported where in the financial statements? 3. a) A company has 3000 shares of $10 par, 4% NON-cumulative preferred stock. If the company has not paid a dividend for its first three years of operation, what amount of a total dividend of $5,800 declared in year 4 should go to this group in year 4? Show calculations clearly! b) How much of the $5,800 if any, would be left in Year 4 and who would receive this amount? Be clear!!! 4. Assume a company declares a $100.00 cash dividend (but does not yet pay it). Prior to the declaration the company's working capital is $450.00. On the date of declaration, the company's new working capital will be 5. Refer to (4) above, what will be the working capital amount when the company pays the $100.00 dividend one month later