1. Greta Corporation has 2,000 shares of $100 par value, 6 percent cumulative preferred stock and 20,000 shares of S10 par value common stock outstanding. In its first four years of operation, Duncan Corporation paid cash dividends as follows: Calculate the total cash dividends received by owners of preferred and common stock in each year. Year Total dividends Div. paid to 6% Cum Pref Shares EPS Common stock dividend EPS 2007 $15,000 2008 SO 2009 $20,000 2010 $25,000