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Cash Dividends Kerry Company has 850 shares of $100 par value, 1296 preferred stack and 10,100 shares of $10 par value common stock outstanding. The

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Cash Dividends Kerry Company has 850 shares of $100 par value, 1296 preferred stack and 10,100 shares of $10 par value common stock outstanding. The preferred stock is cumulative and n and paid dividends as follows: 2014 2015 2016 2017 Required: 1. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2015 to 2017. If an amount is zero, enter "0" Year Preferred Dividends 2015 2016 2017 Dividends were paid in 2013. Since 2013, Kerry has declared 10,900 22,000 27,000 Common Dividends 10,900 0

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