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EXTRA CREDIT Sunset Company started in January 2015 and has the following stock outstanding: Common stock (par $10: outstanding, 30.000 shares) Cumulative Preferred stock, 10%

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EXTRA CREDIT Sunset Company started in January 2015 and has the following stock outstanding: Common stock (par $10: outstanding, 30.000 shares) Cumulative Preferred stock, 10% (par $100; outstanding, 2,000 shares) $ 300,000 200,000 Calculate the total amount of dividends distributed each year to the common and preferred stockholders. If no dividends were given to either common or preferred put a zero for them. 2015 The total amount of cash dividends paid was $12,000. 2016 The total amount of cash dividends paid was $26,000 2017 The total amount of cash dividends paid was $35.000. 2018 The total amount of cash dividends paid was $30,000, Required Calculate the total amount of dividends distributed each year to the common and preferred stockholders. If no dividends were given to either common or preferred put a zero for them. 2015 2016 2017 2018 Preferred Common Total

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