15 (3.Grades) On January 1, 2018, Manama Company has 0% 80,000 shares of $10 par value, Cumulative preferred stock and 140,000 shares it common stackard, sed and outanding st par value. The Company declared and paid cash dividende as follows 2018 2019 2020 $50,000 $110,000 $190,000 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. Question 15 (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $10 par value, Cumulative preferred stock and 140,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Dividends $50,000 Year 2018 2019 $110,000 2020 $190,000 Year 2018 2019 2020 Dividends $50,000 $110,000 $190,000 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