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3 Performance Inc. pays dividends at the end of each year. The dividends that were paid for 2012, 2013 and 2014 were $180,000, $130,000 and

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3 Performance Inc. pays dividends at the end of each year. The dividends that were paid for 2012, 2013 and 2014 were $180,000, $130,000 and $600,000, respectively Calculate the amount of dividends Performance Inc. paid in each of these years to the common and preferred stockholders under both of the following capital structures: a 50,000 shares of $100 par, 5 percent cumulative preferred stock and 150,000 shares of S20 par common stock. (10 points) b 60,000 shares of $50 par, 10 percent noncumulative preferred stock and 200,000 shares of $25 par common stock. (10 points) 6oR

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