DiPipi Carperatidn had the following stack. dutstanding during each df its rst ve vears df dperatidn: 1. Fifty.Ir thdusand (Em shares at 5%, $1-par-value, cumulative, ncnnparticipating preferred. 2. Twn hundred thousand {Em shares of $1-parvalue ccmmcin. The net income and the amounts distributed as dividends during the rst ve vears ef the campanv's existence were as fdlldvvs: Year Dividends 1 $24,{} 2 320mm 3 seamen 4 Eg 5 F'E