Coleman Corporation had the following capital stock structure: Preferred stock10% cumulative; participating to the extent of 3% above preference rate; par value $100; authorized, 50,000 shares; issued, 10,000 shares. Common stockPar value $100; authorized, 100,000 shares; issued, 10,000 shares. The total dividend payments made during the first five years follow: Year Total Dividend Payment 1 $210,000 2 280,000 3 40,000 4 370,000 5 250,000

5. The total preferred dividend paid in year 1 was A. $100,000. C. $110,000. B. $105,000. D. $130,000.

6. In year 5, the common dividend paid was A. $100,000. C. $125,000. B. $120,000. D. $150,000.

7. A preferred dividend arrearage was paid in A. year 1. C. year 3. B. year 2. D. year 4.

8. The 3% participation dividend paid on preferred stock in year 2 was A. $10,000. C. $30,000. B. $20,000. D. $40,000.

Can you please help me to solve this complicated question, how do I calculate these values to arrive at the correct answer? I tried YouTube but can't seem to do it and get the right answer?

Thanks, George