ASAPPPP

ACC 201 Incorporated had uncertainties as to whether or not dividends would be paid in 2020 due to the impact of Covid-19. However, the company's stock outstanding for its first three years of operations were as follows: 2,500 shares of 10%, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The good news for the shareholders is that the profits were not impacted by COVID so dividend was declared. The distributed amounts to be paid as dividends are presented below. Calculate the total and per-share dividends for each class of stock for each year by completing the schedule. Year Dividends Preferred Total Per Share Common Total Per Share 1 $10,000 2 25,000 3 60,000 TT T Arial 3 (12pt)