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2 (3.Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $20 par value, Cumulative preferred stock and 280,000 shares of common stock
2 (3.Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $20 par value, Cumulative preferred stock and 280,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows Yoar 2018 2019 Dividends $100,000 $220.000 T 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 ne for the toolbar, press ALT-F10 Por ALT FNF 10 Ma 2020 $380,000 M
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