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15 (3 Grades) 3 points Se A On January 1, 2018, Manama Company has 8% 45,000 shares of $20 par value, Cumulative preferred stock and

15 (3 Grades) 3 points Se A On January 1, 2018, Manama Company has 8% 45,000 shares of $20 par value, Cumulative preferred stock and 120,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows 2010 2010 2020 Dividends $70.000 $00 000 $130.000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years. Please: Present each year in a separate line

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