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Given: 31,000 shares cumulative preferred stock (56.25 dividend per share): 62,000 shares common stock Dividends paid: 2016 $12,400, 2017, 0; and 2018, $600,000. How much

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Given: 31,000 shares cumulative preferred stock (56.25 dividend per share): 62,000 shares common stock Dividends paid: 2016 $12,400, 2017, 0; and 2018, $600,000. How much will preferred and common stockholders receive each year? (Leave no cells blank - be certain to enter "o" wherever required.) 2016 2017 7 2018 Preferred stockholders Common stockholders

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