Question
Dividends on preferred and common stock pecan theater incorporated owns and operates movie theaters throughout Florida and Georgia pecan theaters declared the following annual dividends
Dividends on preferred and common stock pecan theater incorporated owns and operates movie theaters throughout Florida and Georgia pecan theaters declared the following annual dividends over 6 year period. 20Y1 $164000 20y2 a $128000 20Y3 $304000 20y4 for $368000 20y5 $464000 20Y6 $560000, during the entire period Ended December 31st of each year the outstanding stock of the company was composed of 40000 shares of cumulative preferred 4% stock a $100 par and a 100000 shares of common stock at $10 par. step one determine the total dividends and the pershare dividends declared on each class of stock for each of the 6 years there were no dividends in arrears at the beginning of 20Y1 summarized the data in tabular form if required round your answers to 2 decimal places
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