Exercise 12-5 e Cash Dividends on Preferred and Common Stock Ex-Act Corporation pays dividends at the end of each year. The dividends that it paid for 2012, 2013, and 2014 were $160,000, $120,000, and $360,000, respectively i. Caloulete the total amount of dividends Ex Act paid in each of these years to iles common and preferred stockholders under the following capital structure: 40,000 shares of $100 par, 6 percent poeumulative preferred stock and 120,00 shares of $10 par common seck. Ex-Act had no dividends in arrears at the beginning of 2012. Df an amout is zero, enter Common Stock Dividends 2012 reterred 2. Calculate th, total ont ofdividends tx?Act paid in each ofthese years to its common and preferred toah les-der-he follo-ng $10 par common stock. Ex-Act had no dividends in arrears amount is zaro, enter capital structune: 20,000 shares of $300 par, 7 pencent swwletes.ersferret stesk and 120,000 shares of : at the beginning of 2012 ira comnion Stock DividendTot 2012 014 Exercise 12-0 Cenpage LearsingCn bo 80