Analysing and Distributing Cash Dividends to Preferred and Common Stocks Skinner Company began business on June 30, 2018. At that time, issued 18.000 shares of $50 par value, cumulative preferred stock and 90.000 shares of $10 par value common stock. Through the end of 2020, there has been no change in the number of preferred and common shares outstanding Assume that Skinner declared and paid cash dividends of 561.000 in 2016, in 2018 and 537.000 in 2020, Compute the total cash dividends and the dividends per share paid to each class of stock in 2018 2019 and 2020 Prerred Commons b. Assume that Skinner dered and paid cash dividends of 50 in 2018 $100.000 in 2019. and $189.000 in 2000. Compute the total cash dividends and the dividends per share paid to each class of stock in 2018 2019 and 2020 Analyzing and Distributing Cash Dividends to Preferred and Common Stocks Skinner Company began business on June 30, 2018. At that time, it issued 18,000 shares of $50 par value, 6% cumulative preferred stock and 90,000 shares of $10 par value common stock. Through the end of 2020, there has been no change in the number of preferred and common shares outstanding. a. Assume that Skinner declared and paid cash dividends of $63,000 in 2018, $0 in 2019, and $378,000 in 2020. Compute the total cash dividends and the dividends per share paid to each class of stock in 2018, 2019, and 2020. Dividend Distribution Preferred Common Preferred Common per share per share 2018 5 05 0$ 2019 0 2020 0 0 b. Assume that Skinner declared and paid cash dividends of $0 in 2018, $108,000 in 2019, and $189,000 in 2020. Compute the total cash dividends and the dividends per share paid to each class of stock in 2018, 2019, and 2020. Dividend Distribution Common Common per share per share 0 $ 0$ Preferred 2018 $ 2019 2020