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A company had the following: - Common Stock: 100,000 shares authorized, 90,000 shares issued, and 6,000 shares in treasury stock - Preferred Stock: 20,000 shares
A company had the following: - Common Stock: 100,000 shares authorized, 90,000 shares issued, and 6,000 shares in treasury stock - Preferred Stock: 20,000 shares of 6\%, \$20 par value authorized, 5,000 shares issued, no shares of treasury stock On May 10 the Board of Directors declares and paid the preferred dividends and a $0.25 per share common stock dividends. 1. Compute total dividends that will be paid to the common stockholders and enter the amount is the box 2. Compute total dividends that will be paid to the preferred stockholders and enter the amount is the box Do not use $ in your answers. Do use commas
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