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43 Fargo company's cutanding stock contiers or 450 wes of borcumulative preferred suck with a $10 por vote ano 4,200 shores of common stock with

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43 Fargo company's cutanding stock contiers or 450 wes of borcumulative preferred suck with a $10 por vote ano 4,200 shores of common stock with a dit por volte. During the storee years of operation, the corporation declared and pond we following to come Dividends Declared Paid year 1 $28,000 $ 6,000 337.900 year 2 year The amount or videos paid to preferred and common shareholders in you ile 14500 123.500 521100.com 1325 327775 so cannon SHOO Droleret 14:00 -4 Sweet Company's outstanding stock consists of 1,500 shares of cumulative 5% preferred stock with a $100 par value and 15,000 shares of common stock with a $10 par value. During the first the years of operation, the corporation declared and paid the following total cash dividends. Year 1 Year 2 Year 3 Dividends Declared & Paid $ 3,000 $ 9,000 $ 48,000 9305 The amount of dividends paid to preferred and common shareholders in year 3 is: Multiple Choice $15,000 preferred $33.000 common $48.000 preferred. 50 .common 37500 preferred: 540.500 Common 50 preferred: 548006 common $10.500 preferred: $37.500 common Percy Corporation was formed on January 1 The corporate charter authorized 100,000 shares of $10 per volue common stock. During the first month of oration, the corporation und 70 shares to its attorneys in payment of a $4.300 charge for drawing up the articles of incorporation. The entry to record this transaction would include Multiple Choice A debit to Organization Expenses for $4.300 A credit to Pidin Capital in Excess of Pe . Common Stock to $4,100 A debit to Organization Experies for $2.300 Act 1 Common Stock for $4300 A debit to Paid in Caitlin Excess of Par Vue Common Stock for $2.000

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