Analyzing Cash Dividends on Preferred and Common Stock Skinner Company began business on June 30, 2012. At that time, is issued 18,000 shares $50 par value, 8% cumulative preferred stock and 100,000 shares of $10 par value common stock. Through the end of 2014, there has been no change in the number of preferred and common share outstanding. Assume that Skinner declared and paid cash dividends of $84,000 in 2012. $0 in 2013, and $378,000 in 2014. Compute the total cash dividends and the dividends per share paid to each class of stock in 2012m 2013, and 2014. Assume that Skinner declared and paid cash dividends of $0 in 2012, $144,000 in 2013, and $189,000 in 2014. Compute the total cash dividends and the dividends per share paid to each class of stock in 2012, 2013, and 2014