Application Problem 11-7A a-b (Part Level Submission) Holt Company paid out cash dividends at the end of each year as follows: Year Dividends 2018 $245,000 2019 $336,000 2020 $393,000 (a) Assume that Holt had 260,000 common shares and 9,000, $7, non-cumulative preferred shares. How much cash would be paid out in 2018, 2019, and 2020 to each class of shares? Year Preferred Common 2018 $ A A 2019 $ A 2020 $ A LINK TO TEXT Attempts: 0 of 3 used