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14 Kingdom Corporation has the following. Question 14 of 16 M 4 points Save Awe $500,000 -Common stock, $15 par value, 300,000 shares issued and

14 Kingdom Corporation has the following. Question 14 of 16 M 4 points Save Awe $500,000 -Common stock, $15 par value, 300,000 shares issued and outstanding $4,500,000 Preferred stock, $10 par value, 7%, 50,000 shares issued In 2020, The company declared and paid $30,000 of cash dividends In 2021, The company declared and paid $150,000 of cash dividend Required: How much is the TOTAL cash dividends that will be distributed to preferred and common stockholders over the two years, assuming the preferred stock is Non-cumulative Please DO NOT US

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