(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:: Question 13 of 15 3 points Year Dividends 2018 $70,000 2019 $90,000 2020 $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. the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). 3 I S Paragraph Arial 10pt Av V IK X o o al = = = = 599 O WORDS POWERED