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2. Lowe Corporation had authorization for 10,000 shares of 8% preferred stock, par value $20 per share, and 40,000 shares of common stock, par value $10 per share, all of which are issued and outstanding. During the years beginning in 2020, Lowe Corporation maintained a policy of paying out 50% of net income in cash dividends. One-half the net income for the three years beginning in 2020 was 15,000,18,000, and $20,000. There are no dividends in arrears for years prior to 2016. Question Group (36 Points) (1) Compute the amount of dividends paid to each class of stock for each year under the preferred stock is noncumulative. Year, Preferred Stock, Common Stock 2020, O 2021, ( 2022. O @ Fill In Blanks (18 Points) (Please fill in the answers in the order of the questions) O @ Q O