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D 3 G H 5 6 7 8 9 10 11 12 13 14 15 16 E F 1 MasterMind Corporation has 4,000 shares of
D 3 G H 5 6 7 8 9 10 11 12 13 14 15 16 E F 1 MasterMind Corporation has 4,000 shares of 6%, $200 par value preferred stock outstanding at 2 December 31, 2017. At December 31, 2017, the company declared a 120,000 cash dividend. Determine 3 the divident paid to preferred stockholders and common stockholders under each of the following 4 scenarios 5 6 1.) The preferred stock is noncumulative and the company has not missed any dividends in previous years. 7 2.) The preferred stock is noncumulative, and the company did not pay a dividend in each of the two previous years 83.) The preferred stock Is cumulative, and the company did not pay a dividend in each of the two previous years. 10 9 12 13
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