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Garnet Trust has the following classes of stock (Click the icon to view the data) Read the requirements Requirement 1. Garnet declares cash dividends
Garnet Trust has the following classes of stock (Click the icon to view the data) Read the requirements Requirement 1. Garnet declares cash dividends of $25,000 for 2024. How much of the dividends goes to preferred stockholders? How much goes to common stockholders? (Complete all input t Enter "0" for any zero amounts.) Garnet's dividend would be divided between preferred and common stockholders in this manner. Total Dividend Dividend to preferred stockholders Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders Requirement 2. Assume the preferred stock is cumulative and Garnet passed the preferred dividend in 2022 and 2023. In 2024, the company declares cash dividends of $45,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? (Complete all input boxes. Enter "0" for any zero amounts) Garnet's dividend would be divided between preferred and common stockholders in this manner Total Dividend Dividend to preferred stockholders
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