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9. (18 points) At the start of 2015, Apollo Corporation has 20,000 outstanding shares of preferred stock, each with a $30 par value and a
9. (18 points) At the start of 2015, Apollo Corporation has 20,000 outstanding shares of preferred stock, each with a $30 par value and a cumulative 9% annual dividend. The company also has 32,000 shares of common stock outstanding with par value of $20 per share. At the beginning of 2019, the company has a 2-for-1 common stock split. The company pays total cash dividends as follows. 2015 2016 2017 2018 2019 $0 $ 23,000 $ 19,000 $ 88,000 $ 163,000 Calculate the dividends paid to each category of stockholders, in total and per share
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