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Ex9: During 2015-2018 Martin corporation had the following issuances of stock outstanding for the entire period: 50,000 shares of $17 par value 10% cumulative preferred

Ex9: During 2015-2018 Martin corporation had the following issuances of stock outstanding for the entire period: 50,000 shares of $17 par value 10% cumulative preferred stock, 270,000 common stock at $6 par value. Cash Dividends declared by the board of directors during 2015-2018 were as follows: 2015 2016 2017 $90,000 $75,000 $87,000 $130,000 2018 Required: Complete the amount of total dividends allocated to each class of stock during 2016-2018. Year 2015 Preferred Common EC 2016 2017 ONOM NOMICS MICS 2018 LEARNING CENTER

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