A company was organized in January 2018 and has \#10,000 shares of $20 par value, 10\%; nonparticipating preferred stock outstanding and #150,000 shares of $2 par value common stock outstanding. It has declared and paid cash dividends each year as shown below. Calculate the total dividends distributed to each class of stockholder under each of the assumptions given. A company was organized in January 2018 and has \#10,000 shares of $20 par value, 10\%; nonparticipating preferred stock outstanding and #150,000 shares of $2 par value common stock outstanding. It has declared and paid cash dividends each year as shown below. Calculate the total dividends distributed to each class of stockholder under each of the assumptions given