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A Book Show Me How Calculator Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan

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A Book Show Me How Calculator Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: 2041, $80,000; 2012, 590,000; 2083, $150,000; 2014, 5150,000; 2045, $160,000; and 2045, $180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 shares of cumulative, preferred 2% stock, $20 par, and 500,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the pershare dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 2011. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is ere, please enter "o Preferred Dividends Common Dividends Total Year Dividende Total Per Share Total Per Share 2011 $ 80,000 $ 80,000 2012 90,000 90,000 150,000 2013 2014 150,000 2015 160,000 2016 180,000 2. Determine the average annual dividend per share for each class of stock for the year period. If required, round your answers to two decimal places Average annual dividend for preferred All work saved Save and Exit Submit Assignment for Grading

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