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Cola Company reported net income during five successive years as follows: 2015, $34,000; 2016, $39,000; 2017, $10,000; 2018, $7,500; 2019, $64,000. The share capital consisted

Cola Company reported net income during five successive years as follows: 2015, $34,000; 2016, $39,000; 2017, $10,000; 2018, $7,500; 2019, $64,000. The share capital consisted of 23,500, no-par common shares, and 29,500, $0.40 no-par preferred shares. Prepare a schedule showing the amount each share class would receive in dividends if the entire net income amount was distributed each year. Please make sure your final answer(s) are accurate to 2 decimal places.

Case A Preferred shares are cumulative and non-participating.
Case B Preferred shares are cumulative and fully participating; the matching dividend for common shares is $1.60 per share.
Case C Preferred shares are non-cumulative and fully participating; the matching dividend for common shares is $1.60 per share.

year total distributed
2015
2016
2017
2018
2019
2020

case a

year preferred common
2015
2016
2017
2018
2019
2020

case b

year preferred common
2015
2016
2017
2018
2019
2020

case c

year

preferred common
2015
2016
2017
2018
2019
2020

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