Burnley, Understanding Financial Accounting ACCOUNTING PRINCIPLES (ACCT 100/ PMBA504/ ACCT10 ssignment Gradebook ORION Downloadable eTextbook ent NEXT Application Problem 11-14 Holt Company paid out cash dividends at the end of each year as follows: 2014 $269,000 2015 $305,000 2016 $398,000 Assume that Holt had 260,000 common shares and 11,000, $8, non-cumulative preferred shares. How much cash would be paid out in 2014, 2015, and 2016 to each class of shares? 2014 2015 $ 2016 FULL SCREEN PRINTER VERSION BACK 2014 $ 2015 $ 2016 $ LINK TO TEXT Assume that Holt had 100,000 common shares, and 6,000, $4, cumulative preferred shares that were three years in arrears as at January 1, 2014. How much cash would be paid out in 2014, 2015, and 2016 to each class of shares? 2014 $ 2015 $ 2016 $ LINK TO TEXT