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Citizen Supplies Ltd. Issued 4,500 $7 Cumulative Preferred Shares and 90,000 Common Shares. The Company declared the following cash dividends: Year 1: $35,000 Year 2:
Citizen Supplies Ltd. Issued 4,500 $7 Cumulative Preferred Shares and 90,000 Common Shares. The Company declared the following cash dividends: Year 1: $35,000 Year 2: $31,500 Year 3: $63,009 Year 4: $26,500 Year 5: $50,000 Use the boxes provided below to allocate the cash dividends between preferred shares and common shares for each year. The amount allocated to preferred shares should be in the box on the left and the common shares on the right. Do not enter "$"oror in your response. Simply type the amount, such as "1000" If the amount is zero, type as "0" What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 1 "Alhat is the allocation of dividends between (1) Preferred and (2) Common for What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 2 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 3 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 4 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 5 Dane 2 of 18
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