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Following is a company's stockholders' equity information: E (Click view the stockholders' equity data.) the icon Assume the preferred stock is cumulative. Compute the amount
Following is a company's stockholders' equity information: E (Click view the stockholders' equity data.) the icon Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2016 and 2017 if total dividends are $11,200 in 2016 and $54,000 in 2017 (Complete answer boxes. Enter a 0" if zero.) Data Table Class of Stock 2016 2017 Preferred Common Northern Communications Total Stockholders' Equity Paid-in capital Preferred stock, 5 % , $12 par , 100,000 shares authorized 22,000 shares issued and outstanding 264.000 Common stock, $5.00 par, 500,000 shares authorized 380,000 shares issued and outstanding 1,900,000 570,000 Paid-in capital in excess of par-common $ 2,734,000 Total paid-in capital 140,000 Retained earnings $ 2,874,000 Total stockholders' equity Print Done Enter any number the edit fields and then click Check
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