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Green Planet Corp. has (a) 5,800 shares of cumulative 11% pr with a $0.01 par value. During its first two years of operation, Compute the

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Green Planet Corp. has (a) 5,800 shares of cumulative 11% pr with a $0.01 par value. During its first two years of operation, Compute the dividends paid each year to each of the two cla Year 1 total cash dividends Year 2 total cash dividends $ 760 $2,200 Cumulative Preferred Common Year 1 Year 2 of cumulative 11% preferred stock with a $2 par value and (b) 22,000 shares of common stock o years of operation, Green Planet declared and paid the following total cash dividends. to each of the two classes of stockholders: preferred and common. $ 760 $2,200 n

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