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15 (3.Grades) 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,
15 (3.Grades) 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: 2016 2019 2020 Onthes $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. For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Maci BIVS Paragraph Arial 3 10pt I. XO www
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