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A company had stock outstanding as follows during each of its first three years of operations: 3,000 shares of 7%, $100 par, cumulative preferred stock
A company had stock outstanding as follows during each of its first three years of operations: 3,000 shares of 7%, $100 par, cumulative preferred stock and 34,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. Enter "0" if no dividends are paid.
year 1 15750
year 2 21000
year 3 27860
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