2 (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 authorizet, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Year 2018 2019 2020 $70,000 $50,000 $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 (Mac BIUS Paragraph XX 3 Arial - 4 10pt EVEAL XBQ 12 - + 3 v r